Hello Web 2.0, meet CO2
By Jim Kharouf. Editor, EMN
Software firm Misys launched an open source website called OpenCarbonWorld.com today at the Corporate Climate Response conference in Chicago, directed at the financial markets with a goal of tackling all the issues that come with developing the US carbon market.
“It’s really a market workplace,” says Don Sunderland, vice president of Misys Open Source Solutions’ treasury and capital markets division. “The idea is it is an information and work space specifically geared with a bias to drive ahead the resolution of issues and more rapid development of carbon markets.”
Open source technology, which was made most famous by Linux and Wikipedia, allows folks like you and me to contribute ideas online, collect and disseminate data and research and ultimately collaborate with others in the space to solve problems. Environmental Markets Newsletter, for example, is loosely tethered to its wiki-based site called MarkestWiki.com, which is focused on collecting and contributing information about all things associated with financial markets.
OpenCarbonWorld will focus on issues such as creating standard protocols for carbon transactions so firms can trade in and out of various carbon registries. Misys, the 12th largest software firm in the world with an expertise in financial transaction systems for large institutions, is also working with the Carbon Markets and Investors Association (CMIA) to address key aspects of the US market that need to be developed. The website includes a wiki section, library for research papers, events and news, even a section on determining your carbon footprint.
“We looked at the OTC carbon market where there is a lot of opportunity,” Sunderland said. “There is a lot of policy that still needs to be created in this space as well as infrastructure, and creating a standardized trading contract. Stuff we assumed was just there, from our experience in capital markets, was woefully lacking here.”
“So creating a place where we can put transparent information would be a good way to start, and create a policy space for those who are really trying to push the market ahead,” Sunderland said.
Misys is also developing a completely open access carbon planning and emissions reduction tool for companies that are looking to implement emissions reductions programs. Firms will be able to track their progress using the system.
“At the core of it, it is an absolutely free online carbon planning registry which abides by the Greenhouse Gas protocol,” Sunderland said.
Lead Stories
ScottishPower group investigates North Sea carbon storage site
New Energy Focus
One of the front-runners in the race to set up the UK's first CCS demonstration project is investigating a site for storing carbon dioxide under the North Sea.
It has found an undersea aquifer in the Firth of Forth that reports suggest could potentially store all of Europe's carbon dioxide emissions for the next six centuries.
http://newenergyfocus.com/do/ecco.py/view_item?listid=1&listcatid=32&listitemid=1709§ion=Carbon
Chicago outlines plan to slash greenhouse gases
AP
Malec-McKenna said the city would use a combination of incentives and mandates. Next month, the City Council is expected to consider an ordinance that would update the city's energy code to require such things as better insulation, heating and cooling systems and windows in all commercial, industrial and residential buildings. The city also has an agreement with two coal-fired power plants to reduce emissions or shut down by 2015 and 2017, respectively, Malec-McKenna said.
http://tinylink.com/?w46olkKKtY
RGGI ’09 over-allocated by nearly 40 million tons: report
Point carbon (Subscription Site)
The Regional Greenhouse Gas Initiative (RGGI) is expected to be over-allocated by between 35-38 million short tons in 2009 due to lower-than-expected emissions in the 10 participating states, according to a newly released Point Carbon report.
http://www.pointcarbon.com/news/1.974059
North American market round-up: RGGI in high-$4 range as auction approaches
Point Carbon (Subscription Site)
Regional Greenhouse Gas Initiative (RGGI) allowances traded in the high $4 area in the run-up to the first auction of allowances on 25 September.
http://www.pointcarbon.com/news/1.974071
**JK – RGGI futures on CCFE closed Friday at $4.67, and $4.65 on Green Exchange, down 25 cents.
Registry closure to hit EUA spot trading volumes
Point Carbon (Subscription Site)
Spot trading of carbon allowances in Europe will experience severe disruption as national registries are shut down for testing two weeks before the link-up between UN and EU databases, expected by 17 October.
http://www.pointcarbon.com/news/1.974042
Foreign Companies Are Entering China's Energy Market
China News
Foreign financial agencies are eager to play a role in China's coal industry, as the world's No. 1 coal producer looks to diversified sources to finance the fast-expanding industry. As the world's No.1 producer and consumer of coal, China needs more energy, especially coal, to fuel its booming economy.
http://news.xinhuanet.com/english/2008-09/21/content_10086941.htm
Understanding Key Facts About Solar Energy
Renewable Energy News
But in order to be able to benefit from the use of solar energy, there are a few facts you should know. Knowing these facts can assist you to make sound decisions, when looking at the use of solar power as a clean energy source for your home, RV, or whatever the case may be.
http://www.renewable-energy-news.com/solar-panels/understanding-key-facts-about-solar-energy-184.php
If Congress Extends ITC, 440,000 Solar Jobs Will Be Created
Renewable Energy World
Navigant Consulting released the results of its new economic study this week indicating that more than 1.2 million employment opportunities and US $232 billion in investment would be supported by the U.S. solar energy sector alone through 2016 if Congress extends the solar investment tax credit (ITC) for 8 years.
http://www.renewableenergyworld.com/rea/news/story?id=53592
Greenhouse gas emissions jump 5% in year
Scottish Today
SCOTLAND'S greenhouse gas emissions rose by more than 5 per cent in a year, new figures show. Despite the Scottish Government's ambitions to reduce damaging emissions by 80 per cent by 2050, latest figures show they increased by 5.4 per cent between 2005 and 2006.
http://www.emissionstrading.com/MarketNews/?Source=http://news.scotsman.com/latestnews/Greenhouse-gas-emissions-jump-537.4508551.jp&title=Greenhouse%20gas%20emissions%20jump%205%%20in%20year
Lead Stories Continued
U.S. companies see climate risk, but lack plan
Timothy Gardner - Reuters
NEW YORK - U.S. companies judge climate change a risk to their business, but lag global companies in setting targets to cut emissions, according to a global survey.
"We're seeing the U.S. play catch up here, but they've got a way to go," Paul Dickinson, chief executive of the Carbon Disclosure Project, which administers the annual survey, said in an interview ahead of the formal release of the 2008 CDP survey in New York on Monday.
http://www.guardian.co.uk/business/feedarticle/7815790
Ethanol Demand Drops After Hurricane Ike
Reuters
After running roughshod over the Gulf Coast oil industry, Hurricane Ike's impact is beginning to burn into national ethanol profits. The ongoing disruption to the Gulf oil supply is cutting into demand for the alternative fuel source. While ethanol producers were making marginal profits earlier this month, Hurricane Ike caused the industry to slip. Ethanol prices in the Midwest were $2.20 a gallon, down about 15 cents from earlier in the month, according to Reuters.
http://stormwire.stormexchange.com/2008/09/ethanol-demand-slides-after-hurricane.html
California Agencies Call For Allowance Give-away at Emission Trading Start
Carbon Finance
Utilities should be given most of their emissions allowances for free when California's emissions trading system starts in 2012, says a joint report issued by the California Public Utilities Commission and the California Energy Commission.
www.carbon-finance.com
Study Impact of Climate Change on Health
New Strait Times
Deputy Prime Minister Datuk Seri Najib Razak yesterday urged participants at the inaugural Asia Pacific Health Ministers' Conference On Climate Change and Health to urgently assess the potential impact of climate change on health and to find ways to deal with the issue. Najib said that since human health and well-being were being compromised by climate change, health matters should be highlighted in international climate change agreements. Najib, who opened the conference, said the event would help the participants, made up of health ministers, senior health officials and senior officials from the Natural Resources and Environment Ministry, to negotiate the health impact of climate change in such agreements.
http://www.nst.com.my/Current_News/NST/Friday/National/2354026/Article/index_html
Mercedes-Benz unveils its first hybrid
Forecast Earth
Mercedes-Benz is joining the hybrid ranks next year, and they're doing it with their S-Class flagship sedan. The S400 BlueHYBRID's primary power source is a modified version of the 3.5-liter V6 used in the standard S350 European-market sedan, but tuned for efficiency in this application. It's joined by an electric motor, the necessary control equipment, and a compact lithium ion battery located in the engine bay. This placement means that seating and cargo capacity are wholly unchanged from the regular S-Class.
http://climate.weather.com/blogs/9_17261.html
US
49 platforms destroyed by Ike
Forecast Earth
At least 49 offshore oil platforms, all with production of less than 1,000 barrels a day, were destroyed by Hurricane Ike as it raced across the Gulf of Mexico, and some may not be rebuilt, the Interior Department said Thursday. It said in the latest hurricane damage assessment that the platforms altogether accounted for 13,000 barrels of oil and 84 million cubic feet of natural gas a day. There are more than 3,800 production platforms in the Gulf producing 1.3 million barrels of oil and 7 billion cubic feet of gas each day. Most remain shut down.
http://climate.weather.com/articles/ikeenergy091901.html
Entergy Hit by Hurricane Costs For Gustav
Dow Jones
Entergy Corp. said Friday it placed a price tag of $ 600 million tied to Hurricane Gustav, and said it's still assessing damage from last week's Hurricane Ike. Entergy (ETR) said it expects lower third-quarter utility revenue due to power outages. It's restored power to two-thirds of 705,400 customers shut down from Hurricane Ike and nearly a
http://money.cnn.com/news/newsfeeds/articles/djf500/200809191103DOWJONESDJONLINE000590_FORTUNE5.htm
UC building massive environmental research lab in hills above Silicon Valley
Mercury News
In an oak-studded landscape in Silicon Valley's back yard, University of California researchers are assembling what could become the largest array of high-tech sensors to probe environmental mysteries as grand as climate shift or as subtle as sap flow.
http://www.mercurynews.com/ci_10412669?source=rss
New York City emissions fall 2.5%
Point Carbon (Subscription Site)
New York City's greenhouse gas emissions fell 2.5 per cent between 2005 and 2007 due to the start-up of two new efficient power plants in 2006 and milder winter and summer weather in 2007, according to newly released data.
http://www.pointcarbon.com/news/1.973628
NYC mayor calls on US Congress for uniform carbon price
Point Carbon (Subscription Site)
New York City Mayor Michael Bloomberg testified before a congressional committee Thursday, urging policymakers to ensure a uniform carbon price when crafting future climate change bills by not giving special breaks to certain industries.
http://www.pointcarbon.com/news/1.973627
Canada
Targets set far too low for renewable energy
The Star
In announcing a "fine-tuning" of its 20-year energy plan, the McGuinty government has finally admitted it underestimated the potential for renewable energy in Ontario.
http://www.thestar.com/comment/article/502763
Cost of Syncrude Emissions Plan Jumps to C$1.6 Bln
Reuters
Syncrude Canada Ltd's cost for installing equipment to cut emissions of deadly sulfur dioxide has more than doubled to C$1.6 billion (US$1.52 billion), the joint-venture's biggest shareholder said Friday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50303/story.htm
Europe
Economic slowdown won't ease carbon emissions
Gerard Wynn - Reuters
LONDON - Tumbling factory output following an economic slowdown will not be enough to curb rising industrial carbon emissions in Europe, analysts said on Friday.
http://www.guardian.co.uk/business/feedarticle/7811710
Eastern EU countries may delay climate package
Point Carbon (subscription Site)
The Czech Republic, Hungary, Poland and Slovakia today agreed to delay the EU climate and energy package if necessary, as the countries remain at odds over how to revise the EU emissions trading scheme (ETS) and how to set each member state a national emission cap.
http://www.pointcarbon.com/news/1.974026
Asia/Australia
Structured plan for energy efficiency vital
Australian Business
Last week, Professor Peter Newman from Perth's Curtin University and Parsons Brinkerhoff released analysis to confirm what most Australians already know: this continued sprawl of our geographically huge cities is economically, environmentally and socially unsustainable. Instead they get symbolic tinkering at the edges: councils deciding to make their offices carbon neutral and state governments moving to introduce soft energy efficiency programs to encourage tangible but often lightweight changes inside households.
http://www.theaustralian.news.com.au/story/0,25197,24380713-5016634,00.html
Make ETS permits free for farmers, says NFF
Philip Hopkins - The Age
MOST permits under the Federal Government's proposed emissions trading scheme (ETS) should be allocated free, especially for agriculture, says Australia's peak farming body.
http://business.theage.com.au/business/make-ets-permits-free-for-farmers-says-nff-20080921-4l1j.html
Latin America
Brazil’s Bet: Ethanol Surpasses Gasoline in Brazil
WSJ: Environmental Capital
In the first half of 2008, Brazil consumed 2.4 billion gallons of gasoline and 2.38 billion gallons of ethanol. But the race is quickly tilting in ethanol’s favor, as ethanol consumption has been trumping gasoline for the last five months, says Brazil’s National Petroleum Agency.
http://blogs.wsj.com/environmentalcapital/2008/09/19/brazils-bet-ethanol-surpasses-gasoline-in-brazil/
Reports
Best Practice Guide, Carbon Management
Carbon Positive
From setting measurement criteria, to gaining buy-in from senior and board-level management, to a highly informative best practice matrix, the authors say this is a valuable guide to the ‘do’s’ and ‘don’ts’ of carbon management. The report shares best practice from some of the leaders in the field and investigates how some of the world’s leading companies across a range of sectors are actually collecting emissions data and how they are addressing carbon issues.
http://116.12.48.151/viewarticle.aspx?articleID=1244
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Biofuels for transportation: a climate perspective (posted June 30, 2008)
As the United States seeks to reduce greenhouse gas (GHG) emissions from motor vehicles and to lessen its dependence on imported oil, biofuels are gaining increasing attention as one possible solution. This paper offers an introduction to the current state of play for biofuels: the technologies used in their production, their GHG emissions, and associated policy issues.
http://www.pewclimate.org/docUploads/BiofuelsFINAL.pdf
The Matrix: Mapping Ecosystem Service Markets (posted June 30, 2008)
Nathaniel Carroll & Michael Jenkins - Ecosystem Marketplace
The once-radical concept of saving the environment by documenting the economic value of environmental services and then getting industry to pay is finally catching on – but how is one to keep track of all the new methodologies and concepts? The Ecosystem Marketplace presents The Matrix, a new tool for surveying the ecosystem services landscape.
http://ecosystemmarketplace.com/documents/cms_documents/PES_Matrix_Profiles_PROFOR.pdf
Breaking The Climate Deadlock: A Global Deal for Our Low-Carbon Future (posted June 29, 2008)
Tony Blair and Climate Group
There is now virtually overwhelming evidence about climate change and its consequences; there remain uncertainties, but the risks of negative and irreversible consequences are clearly high.
http://tonyblairoffice.org/AGlobalDealforOurLowCarbonFuture.pdf
The economic opportunities arising from emissions trading: The major cost of delay (posted June 24, 2008)
New Zealand Business Council for Sustainable Development
to brief New Zealand Members of Parliament.
http://www.nzbcsd.org.nz/_attachments/ETS%5FOPPORTUNITIES%5FAND%5FCOST%5FOF%5FDELAY%5FREPORT%5FHR%5FFINAL%5FJUNE%5F20081%2Epdf
Principles for Responsible Investment (posted June 19, 2008)
PRI Report on Progress 2008
http://www.unpri.org/files/2008PRI_Report_on_Progress.pdf
Benefit Analysis: Use of Aluminum Structures in Conjunction with Alternative Powertrain Technologies in Automobiles
– (posted June 18, 2008)
http://www.autoaluminum.org/downloads/IBIS-Powertrain-Study.pdf
Emissions Markets: Cap & Trade
What Factors Can Make Cap & Trade Successful? (posted June 12, 2008)
APX
An APX whitepaper that explores the central points in the cap and trade discussion, reviews its track record as an environmental policy mechanism - both where it has stumbled and where it has succeeded beyond expectations - and identifies six critical factors for ensuring the success of cap and trade systems.
http://www.apx.com/environmental/emissions-cap-and-trade.asp?ad=APX
CORRECTING THE WORLD’S GREATEST MARKET FAILURE: Climate Change and the Multilateral Development Banks (posted June 12, 2008)
World Resources Institute
http://pdf.wri.org/correcting_the_worlds_greatest_market_failure.pdf
BP Statistical Review of World Energy (posted June 11, 2008)
June 2008
http://www.bp.com/liveassets/bp_internet/globalbp/globalbp_uk_english/reports_and_publications/statistical_energy_review_2008/STAGING/local_assets/downloads/pdf/statistical_review_of_world_energy_full_review_2008.pdf
Summary of the Boxer Substitute Amendment To the Lieberman-Warner Climate Security Act (posted June 2, 2008)
Pew Center on Global Climate Change
This document summarizes the version of the Lieberman-Warner Climate Security Act of 2008 that is scheduled to be debated by the United States Senate the week of June 2, 2008. The Act, if enacted into law, would establish a market-based cap-and-trade program for greenhouse gas (GHG) emissions in the United States, and establish other measures to reduce GHG emissions. This summary has been prepared by the Pew Center on Global Climate Change.
http://www.pewclimate.org/docUploads/PewCenter-B-L-W-summary.pdf
MIT's Ellerman discusses new report on Europe's emissions trading scheme - (posted May 19, 2008)
http://www.eenews.net/tv/rss/2008/05/19/
The European Union Emissions Trading System in Perspective (posted May 8, 2008)
Pew Center on Global Climate Change
http://www.pewclimate.org/docUploads/EU-ETS-In-Perspective-Report.pdf
State and Trends of the Carbon Market 2008” report from the World Bank (posted May 7, 2008)
http://siteresources.worldbank.org/NEWS/Resources/State&Trendsformatted06May10pm.pdf
Trends in Global Noise and Emissions from Commercial Aviation for 2000 through 2025 (posted May 7, 2008)
http://www.aef.org.uk/?p=245
(Click on link to Word document at the bottom of page)
NORD POOL ANNUAL REPORT 2007 (posted May 7, 2008)
http://www.nordpool.com/information/publications/annualreport/Nordpool_arsrapport07_ENG.pdf
Events
Investing in the Future Conference – Facing Real Challenges and Making True Impact
23 September 2008 / Bethnal Green Road, London, UK / Business in the Community
With inspirational speakers from Barclays, Anglo American, BT, KPMG, Tata, Premier Rugby, RWE npower, and YouGov, this conference showcases tools for successful community programmes. Delegates will hear from business leaders about the future of community investment and get access to the latest research on employee volunteering and the talent challenge
http://www.eventalert.info/ea/?e=64&goto=http://www.bitc.org.uk/events/investinginfuture.html&s=mail
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
4th Annual Ethical Sourcing Forum
2 October 2008
Tapis Rouge, Paris, France / Intertek
One day conference with "behind the scenes" view of effective "Models and Tools of Practice" presented by top-level industry leaders to strengthen your ability to reach Sustainable Purchasing, Carbon Foot Print, Remediation, Supply Chain Rating/Reporting, Capacity Development and other goals. Discover practical solutions to systemic challenges and exchange ideas to bring your demands into focus.
http://www.eventalert.info/ea/?e=51&goto=http://guest.cvent.com/i.aspx?5S,M3,f552238a-73c7-45f6-a702-7c54145e93b5&s=mail
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
World Forum Lille / Social and Environmental Responsibility
9-11 October 2008 / Lille, FRANCE
The Best Practices to preserve our planet's resources
All over the world, some companies are showing that they can improve their results while better respecting man and the environment. Spreading these exemplary behaviours through concrete examples: there’s the aim of the World Forum Lille. This year in October, we will promote the: «Best Practices to preserve our planet’s resources
http://www.eventalert.info/ea/?e=59&goto=http://www.worldforum-lille.org/index.php/en/content/view/full/2&s=mail
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
The Environmental Business Strategies Summit
25-26 November 2008 / Amsterdam, The Netherlands / Ethical Corporation Go Green, improve efficiency, reduce risk and make money. Hear from the President of the Northern European Region from CEMEX; Vice Presidents from Siemens, Volvo, Philips and many more. This conference promises to cover your top 5 environmental concerns - Energy management; Carbon management; Water management; Green procurement; Stakeholder communications
http://www.eventalert.info/ea/?e=65&goto=http://www.ethicalcorp.com/ebs/?t=CR&s=mail
The Second Annual Corporate Responsibility Reporting & Communications Summit
25-26 November 2008 / London, UK / Ethical Corporation
How to engage your key stakeholders and deliver a powerful message.
http://www.eventalert.info/ea/?e=66&goto=http://www.ethicalcorp.com/reporting/?t=corpregletter&s=mail
The Water and Business Summit
26-27 November 2008 / London, UK / Ethical Corporation
How water impacts on your business, and what you need to do about it. This conference will investigate every aspect of the relationship between water and business, covering scarcity, footprinting, operational efficiency, legislation and pricing. Speakers include Coca Cola, Nestle, Unilever, Borealis, SAB Miller, PepsiCo, Sainsbury’s and Rio Tinto
http://www.eventalert.info/ea/?e=67&goto=http://www.ethicalcorp.com/water/?t=CR&s=mail
Green Strategy 2008 - The conference for businesses responding to climate change
27 November 2008
The Royal Institute, London, UK / Green Business Events
A strategic conversation around the implications of climate change for big business. Speakers include Phil Woolas MP, Jan Muehlfeit, Microsoft Europe, Thomas Bergkamp, IKEA Group, Darryl Siry, Tesla, senior representation from Ecover, Unilever, Deutsche Telecom, Greenpeace, DEFRA, Bovis Lend Lease, Marks & Spencer, Sun Microsystems, Man Group and many others
http://www.eventalert.info/ea/?e=58&goto=http://www.greenbizevents.co.uk/events/greenstrategy2008/&s=mail
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
ECX Volume – September 19, 2008
EUA+CER Daily Vol 2008 14,677,000
September 2007 ADV* 4,521,204
September 2008 ADV 10,194,367
Change 2007-8 124.0%
2007 YTD ADV 3,788,260
2008 YTD ADV 9,589,876
Change 2007-8 153.1%
2007 YTD Total Vol 655,369,000
2008 YTD Total Vol 1,774,127,000
2007 September Total Vol 68,551,000
2008 September Total Vol 153,520,000
EUA Futures Total Vol 9,292,000
CER Futures Total Vol 5,175,000
EUA Options Call 210,000
EUA Options Put 0
CER Options Call 0
CER Options Put 0
EUA Futures Open Interest 224,410,000
EUA Futures Open Interest shift(+/-) -404,000
CER Futures Open Interest 75,411,000
CER Futures Open Interest shift(+/-) 513,000
EUA Options Open Interest 111,745,000
EUA Options Open Interest shift(+/-) 700,000
CER options Open Interest 31,900,000
CER options Open Interest shift (+/-) 0
* Average daily volume
______________________________________________________________________________________________
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Friday, September 19. 2008
Environmental Markets Newsletter, September 19, 2008
Lead Stories
Climate Exchange trading soars, CEO optimistic
Reuters
UK-based Climate Exchange posted a pre-tax loss for the six months to end June of 304,000 pounds ($541,700), down from 2.8 million pounds for the same period in 2007, while operating revenues nearly doubled to 10.5 million pounds. The company's flagship exchange, the European Climate Exchange (ECX), has seen volumes rise 150 percent to 1.07 billion tonnes of carbon dioxide traded in the first half of 2008.
http://www.guardian.co.uk/business/feedarticle/7807448
**JK – The anti-sub-prime market.
EU lawmakers propose offsets to ease CO2 targets
Reuters
BRUSSELS - An influential committee of European Union lawmakers on Thursday proposed to ease carbon caps in the 27-nation bloc by allowing more use of payments to developing countries, through carbon offsetting.
http://www.reuters.com/article/environmentNews/idUSLI1910320080918
GE, Google Team Up On Energy
Environmental Leader
GE and Google will lobby together in Washington D.C. for renewable energy and are collaborating on advanced energy technologies - including the development of a smart grid. “Our goal is to provide consumers with improved and expanded energy choices, whether it’s buying renewable power, driving a plug-in car, or reducing energy bills by managing home energy use,” the companies said in the announcement.
http://www.environmentalleader.com/2008/09/17/ge-google-team-up-on-energy/
Kraft Cuts Natural Gas Purchases With Waste-To-Energy Projects
Environmental Leader
Kraft waste-to-energy projects have resulted in cutting natural gas purchases at manufacturing facilities in Lowville and Campbell, New York. “This is a time of opportunity for us,” said Steve Yucknut, Kraft’s Vice President, Sustainability. “Our customers want to do business with partners who support sustainability. Consumers want to buy products from companies that ‘get it’ and employees want to work for companies that respect and preserve the world around them. So, we’ve increased our focus on sustainability because it’s the right thing to do and it makes good business sense.”
http://www.environmentalleader.com/2008/09/17/kraft-cuts-natural-gas-purchases-with-waste-to-energy-projects/
Obama’s allowance auction could raise $300bn
Point Carbon (Subscription Site)
A proposal by US presidential candidate Barack Obama to auction 100 per cent of emissions allowances under a federal cap-and-trade system could raise between $100 billion and $300 billion a year, according to Joseph Aldy, fellow at US think tank Resources for the Future.
http://www.pointcarbon.com/news/1.973578
Global warming will Cause biodiversity loss
UPI
A U.S. analysis suggests even if greenhouse gas emissions are fixed at 2005 levels, there could be substantial biodiversity loss and glacial melt. Scripps Institution of Oceanography researchers at the University of California-San Diego say the Earth will warm about 4.3 degrees Fahrenheit above pre-industrial levels even under extremely conservative greenhouse-gas emission scenarios and assuming efforts to resolve particulate pollution are successful. But the scientists say that amount of warming would lead to widespread loss of biodiversity, deglaciation and other adverse consequences in nature.
http://tinyurl.com/4u9yjz
Bush administration taps climate change believer
Deadline USA
The US environmental protection agency, the same body that was dragged into court for dragging its feet on climate policy, has named Deborah Swackhamer the new chief of its Science Advisory Board (SAB), the independent panel that gives advice on the impact of government regulations.
http://www.guardian.co.uk/world/deadlineusa/2008/sep/17/climatechange
Stars Align for Buffett
WSJ
Wall Street might be disappearing into a black hole, but the stars are aligning for Warren Buffett. The veteran value investor has swooped on Constellation Energy Group, the gas and power company which has more than halved in value this week.
http://online.wsj.com/article/SB122175940826653057.html?mod=djemheard
**Constellation is a stakeholder in Green Exchange
Bill Gates Digs Algal Oil
Greentech Media
Bill Gates' Cascades Investments has backed algal Biofuel maker Sapphire Energy, bringing the total amount raised by the startup to over $100 million. The San Diego, Calif., company is one of a slew of startups developing processes for harvesting fuels from algae. In May, the one-year-old company said it had raised over $50 million from Arch Venture Partners, the Wellcome Trust and Venrock. Sapphire CEO Jason Pyle told the Wall Street Journal Wednesday that the company plans to build a production plant capable of generating 10,000 barrels of algal oil a day.
http://www.greentechmedia.com/articles/bill-gates-digs-algal-oil-1431.html
India to Host 2008 Live Earth Event to Raise Awareness for Climate in Crisis
Centre Daily Times
Al Gore, Dr. R.K. Pachauri, Amitabh Bachchan, Jon Bon Jovi, and Kevin Wall Announce "Live Earth India" December 7, 2008, in Mumbai, India
http://www.centredaily.com/living/travel/story/849753.html
E.U. emissions rules would threaten jobs, investments -- industry group
ClimateWire (Subscription Site)
The European Union's plans for tightening carbon trading rules will lead to price hikes for consumers while stifling investment and industry, according to a German energy users' group. "The E.U. plans in their current shape will not lead to any more CO2 emissions savings, as those are capped, but bring sky-high new carbon taxes," Alfred Richmann, managing director of Essen-based VIK, said Monday. "On top of that, there will be a tsunami of power price hikes as a consequence, which could threaten investment plans, our industry's competitiveness and jobs."
http://www.eenews.net/climatewire/2008/09/18/7/
US
Buffet’s Bet: Constellation Deal Shows The Billionaire Likes Nukes
WSJ: Environmental Capital
What is it about those two bridge players that make their investment moves worth watching? Oh—right, they’re the world’s richest men. When Bill Gates pours money into pond scum, investor interest in algae biofuel soars. So how to read Warren Buffett’s $4.7 billion purchase today of Constellation Energy? Most likely, as a vote of confidence in the future of nuclear power in the U.S.
http://blogs.wsj.com/environmentalcapital/2008/09/18/buffets-bet-constellation-deal-shows-the-billionaire-likes-nukes/
InterContinental Chicago O’Hare Buys RECs
Environmental Leader
InterContinental Chicago O’Hare Hotel has signed a renewable power purchase agreement with Constellation NewEnergy. Under the contract, CNE will secure 4,475 megawatt hours of Green-e certified wind renewable energy certificates (RECs) to match the hotel’s energy usage for one year.
http://www.environmentalleader.com/2008/09/17/intercontinental-chicago-ohare-buys-recs/
DTE Energy And University Of Michigan Launch Clean Energy Prize
Energy Daily
To help move clean energy technologies from the laboratory to commercial production, DTE Energy and the University of Michigan are challenging teams from Michigan colleges and universities to develop the best business plans for bringing new clean energy technologies to market.
http://www.energy-daily.com/reports/DTE_Energy_And_University_Of_Michigan_Launch_Clean_Energy_Prize_999.html
Ethanol makers hit by cash crunch
Reuters
Shares of U.S. ethanol makers took a beating on Wednesday as they wrestle with unpredictable corn prices and dwindling cash piles at a time when capital markets look unlikely to provide easy financing.
http://www.enn.com/business/article/38217
Honda Reduces 700 kg of CO2 Emissions Per Vehicle Produced
Environmental Leader
American Honda Motor Co., Inc., released its fourth annual report on the company’s environmental performance in North America. Average per-unit CO2 emissions from the production of automobiles were reduced 1.7 percent from last year, to about 700 kilograms per auto.
http://www.environmentalleader.com/2008/09/17/honda-reduces-700-kg-of-co2-emissions-per-vehicle-produced/
Electronic Recyclers International Names Jesse D. Stallone
Electronic Recyclers
Jesse Stallone works closely with ERI Chair John Shegerian to develop and drive new business opportunities by identifying viable sustainability trends that meet ERI's strategic goals, and leverages the company's analytical skills and industry knowledge to execute deals as ERI expands across the US.
http://www.electronicrecyclers.com/about_managementteam.aspx#JesseStallone
Europe
Carbon price to rise in face of economic slump
Business Green
The price of both UN approved CER carbon credits and EU-backed EUA credits will rise, despite the likelihood that an economic recession and associated fall in carbon emissions should result in lower demand.
http://www.businessgreen.com/business-green/news/2226455/carbon-price-rise-face-economic
Reduced supply of UN-backed carbon credits to drive up EUAs: analysis
Point Carbon (Subscription Site)
The number of UN-backed carbon credits issued between 2008 and the end of 2012 is likely to be 19 per cent lower than previously forecast, which will drive up the price of European carbon allowances by €3, analysis by Point Carbon shows.
http://www.pointcarbon.com/news/1.973508
Britain trying to weaken carbon-cutting plans -- report
GreenWire (Subscripti9on Site)
Britain wants to weaken European Union efforts to cut carbon emissions by allowing firms and countries to import more carbon credits to count against their pollution targets, according to leaked documents obtained by the London Guardian. Such a move would allow European countries to offset carbon emissions through investment in clean projects in the developing world. It would allow Europe to make less effort to cut its pollution, while keeping it on track to meet the ambitious target of cutting carbon emissions by 20 percent by 2020.
http://www.eenews.net/Greenwire/2008/09/18/21/
Germany opposes EU plans on carbon auctions
Reuters
The German government wants to limit industry's required purchase of carbon emissions permits to a maximum of 20 percent a year between 2013 and 2020, government and industry sources told Reuters on Thursday. That is well below the European Commission's proposed target of 100 percent by 2020, which Germany and other countries oppose.
http://uk.reuters.com/article/environmentNews/idUKBAE00138220080918
'Nuclear option' key to meeting CO2 targets
FRANK McDONALD - Irish Times
IRELAND WILL not be able to achieve a 50 per cent cut in carbon emissions by 2050 if the Government continues to rule out the "nuclear option", according to the executive director of the International Energy Agency (IEA).
http://www.irishtimes.com/newspaper/ireland/2008/0919/1221773888281.html
Sectoral approach has ‘clear environmental benefit’ – UN climate chief
Carbon Finance
A sectoral approach to reducing emissions would have a “clear environmental benefit” in reducing global greenhouse gas emissions, UN climate change chief Yvo de Boer told Carbon Finance.
http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=11540
California GHG reductions will yield economic benefits: analysis
Point Carbon (Subscription Site)
Cutting California's carbon emissions will not only help the environment, it will also save households money and create jobs, according to an economic analysis released Wednesday by California’s Air Resources Board (Carb).
http://www.pointcarbon.com/news/1.973182
Renewable Energy Bundle-Plus Investing in Renewables Report Offers an In-Depth Analysis of All the Renewable Energies Available Today, from Biofuels to Geothermal
Business Wire
Research and Markets (http://www.researchandmarkets.com/research/389648/renewable_energy_b) has announced the addition of the "Renewable Energy Bundle-Plus Investing in Renewables Report" report to their offering.
http://tinyurl.com/3hktzq
France is Europe’s 2nd leading producer of sustainable energy
InfoTechFrance.com
The French renewable energy sector generated a turnover of €33 billion in 2007 and created 220,000 jobs, according to ADEME, the French Environment and Energy Management Agency, making France Europe’s second largest producer of sustainable energy.
http://www.infotechfrance.com/cgi-local/affichage_signets.pl?UNI_ID=8&RUB_ID=53&SIG_ID=4907&actu=1
Italy to ease grid link-up for renewable energy
Reuters
Italian energy regulator AEEG has approved a set of rules for settling disputes between renewable energy producers and power grid operators aimed at easing an access to the grid for the green energy generators.
http://www.forbes.com/afxnewslimited/feeds/afx/2008/09/17/afx5437215.html
Swedish city turns the tap on bottled water
AFP
Sweden's second city Gothenburg has decided to stop buying bottled water due to environmental concerns and will only provide civil servants with tap water, a city councillor said Thursday.
http://www.terradaily.com/2007/080918131829.61xjdy2x.html
Shares in carbon companies tumble
Point Carbon
Carbon finance companies that are listed on the London Stock Exchange have seen their valuations tumble over the last few weeks, as stock markets plunge and delays lengthen in the UN-administered system that generates international offset credits.
http://www.pointcarbon.com/news/1.973579
*Subscription site
UK to call for 50% CDM import limit from 2013
Point Carbon
The UK appears to have joined Germany in urging the EU to allow European companies to import more carbon offset credits from countries such as China and India to help meet emission targets under the bloc’s carbon trading scheme.
http://www.pointcarbon.com/news/1.973467
*Subscription site
Climate Exchange eyes continued growth in 2008, despite financial turbulence
Point Carbon
Climate Exchange Plc, the London-listed owner of carbon trading platforms in Europe and the US, reckons traded volume in environmental markets will continue growing in the remainder of the year, despite the current turbulence in the financial sector, the company said in an earnings release on Thursday.
http://www.pointcarbon.com/news/1.973420
*Subscription site
Asia
Kyocera Plans to Spend 55 Billion Yen on Solar Cells (Update2)
Hiroshi Suzuki - Bloomberg
Kyocera Corp., the world's fourth- largest solar-battery maker, will spend 55 billion yen ($527 million) to more than double production of solar-battery cells and meet demand for renewable energy.
http://www.bloomberg.com/apps/news?pid=20601101&sid=aRvvXjw1OKAM&refer=japan
Bakers Alternate Energy Fund Remains Positive
Press release
Despite growing concerns over global liquidity and one of the worst Australian share market downturns in recent history, the Bakers Alternate Energy Fund remains in positive territory in the nine months year to date from January 1 to September 17, 2008.
The Australian Equity fund which tracks the Bakers ALTEX-Australia portfolio has retained its value though the year with a return of 2%, outperforming the ASX-300 by 27%.
Industry ETS compensation could cost Australia A$6 billion
Point Carbon
The Australian government’s proposal to provide compensation to trade-exposed industries covered by the emissions trading scheme could amount to as much as A$6 billion (US$4.8 million) annually, according to the Climate Institute.
http://www.pointcarbon.com/news/1.973419
*Subscription site
China taps emergency water for "grim" Beijing
Reuters
China's capital started pumping "emergency" water from its long-parched neighboring province on Thursday, with officials speaking of a "grim" shortfall weeks after the Olympics when they said the city had enough water.
http://www.enn.com/health/article/38223
China approves 96 CDM projects
Point Carbon
China has approved 96 clean development mechanism (CDM) projects that can cut annual greenhouse gas emissions by 15.53 million tonnes of CO2 equivalent, taking the total number of approved projects in the country to 1,539.
http://www.pointcarbon.com/news/1.973404
*Subscription site
Reports
Best Practice Guide, Carbon Management
Carbon Positive
From setting measurement criteria, to gaining buy-in from senior and board-level management, to a highly informative best practice matrix, the authors say this is a valuable guide to the ‘do’s’ and ‘don’ts’ of carbon management. The report shares best practice from some of the leaders in the field and investigates how some of the world’s leading companies across a range of sectors are actually collecting emissions data and how they are addressing carbon issues.
http://116.12.48.151/viewarticle.aspx?articleID=1244
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Biofuels for transportation: a climate perspective (posted June 30, 2008)
As the United States seeks to reduce greenhouse gas (GHG) emissions from motor vehicles and to lessen its dependence on imported oil, biofuels are gaining increasing attention as one possible solution. This paper offers an introduction to the current state of play for biofuels: the technologies used in their production, their GHG emissions, and associated policy issues.
http://www.pewclimate.org/docUploads/BiofuelsFINAL.pdf
The Matrix: Mapping Ecosystem Service Markets (posted June 30, 2008)
Nathaniel Carroll & Michael Jenkins - Ecosystem Marketplace
The once-radical concept of saving the environment by documenting the economic value of environmental services and then getting industry to pay is finally catching on – but how is one to keep track of all the new methodologies and concepts? The Ecosystem Marketplace presents The Matrix, a new tool for surveying the ecosystem services landscape.
http://ecosystemmarketplace.com/documents/cms_documents/PES_Matrix_Profiles_PROFOR.pdf
Breaking The Climate Deadlock: A Global Deal for Our Low-Carbon Future (posted June 29, 2008)
Tony Blair and Climate Group
There is now virtually overwhelming evidence about climate change and its consequences; there remain uncertainties, but the risks of negative and irreversible consequences are clearly high.
http://tonyblairoffice.org/AGlobalDealforOurLowCarbonFuture.pdf
The economic opportunities arising from emissions trading: The major cost of delay (posted June 24, 2008)
New Zealand Business Council for Sustainable Development
to brief New Zealand Members of Parliament.
http://www.nzbcsd.org.nz/_attachments/ETS%5FOPPORTUNITIES%5FAND%5FCOST%5FOF%5FDELAY%5FREPORT%5FHR%5FFINAL%5FJUNE%5F20081%2Epdf
Principles for Responsible Investment (posted June 19, 2008)
PRI Report on Progress 2008
http://www.unpri.org/files/2008PRI_Report_on_Progress.pdf
Benefit Analysis: Use of Aluminum Structures in Conjunction with Alternative Powertrain Technologies in Automobiles
– (posted June 18, 2008)
http://www.autoaluminum.org/downloads/IBIS-Powertrain-Study.pdf
Emissions Markets: Cap & Trade
What Factors Can Make Cap & Trade Successful? (posted June 12, 2008)
APX
An APX whitepaper that explores the central points in the cap and trade discussion, reviews its track record as an environmental policy mechanism - both where it has stumbled and where it has succeeded beyond expectations - and identifies six critical factors for ensuring the success of cap and trade systems.
http://www.apx.com/environmental/emissions-cap-and-trade.asp?ad=APX
CORRECTING THE WORLD’S GREATEST MARKET FAILURE: Climate Change and the Multilateral Development Banks (posted June 12, 2008)
World Resources Institute
http://pdf.wri.org/correcting_the_worlds_greatest_market_failure.pdf
BP Statistical Review of World Energy (posted June 11, 2008)
June 2008
http://www.bp.com/liveassets/bp_internet/globalbp/globalbp_uk_english/reports_and_publications/statistical_energy_review_2008/STAGING/local_assets/downloads/pdf/statistical_review_of_world_energy_full_review_2008.pdf
Summary of the Boxer Substitute Amendment To the Lieberman-Warner Climate Security Act (posted June 2, 2008)
Pew Center on Global Climate Change
This document summarizes the version of the Lieberman-Warner Climate Security Act of 2008 that is scheduled to be debated by the United States Senate the week of June 2, 2008. The Act, if enacted into law, would establish a market-based cap-and-trade program for greenhouse gas (GHG) emissions in the United States, and establish other measures to reduce GHG emissions. This summary has been prepared by the Pew Center on Global Climate Change.
http://www.pewclimate.org/docUploads/PewCenter-B-L-W-summary.pdf
MIT's Ellerman discusses new report on Europe's emissions trading scheme - (posted May 19, 2008)
http://www.eenews.net/tv/rss/2008/05/19/
The European Union Emissions Trading System in Perspective (posted May 8, 2008)
Pew Center on Global Climate Change
http://www.pewclimate.org/docUploads/EU-ETS-In-Perspective-Report.pdf
State and Trends of the Carbon Market 2008” report from the World Bank (posted May 7, 2008)
http://siteresources.worldbank.org/NEWS/Resources/State&Trendsformatted06May10pm.pdf
Trends in Global Noise and Emissions from Commercial Aviation for 2000 through 2025 (posted May 7, 2008)
http://www.aef.org.uk/?p=245
(Click on link to Word document at the bottom of page)
NORD POOL ANNUAL REPORT 2007 (posted May 7, 2008)
http://www.nordpool.com/information/publications/annualreport/Nordpool_arsrapport07_ENG.pdf
Events
Cleantech Forum® XVIII
September 15-17, 2008, Washington, DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
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Climate Exchange trading soars, CEO optimistic
Reuters
UK-based Climate Exchange posted a pre-tax loss for the six months to end June of 304,000 pounds ($541,700), down from 2.8 million pounds for the same period in 2007, while operating revenues nearly doubled to 10.5 million pounds. The company's flagship exchange, the European Climate Exchange (ECX), has seen volumes rise 150 percent to 1.07 billion tonnes of carbon dioxide traded in the first half of 2008.
http://www.guardian.co.uk/business/feedarticle/7807448
**JK – The anti-sub-prime market.
EU lawmakers propose offsets to ease CO2 targets
Reuters
BRUSSELS - An influential committee of European Union lawmakers on Thursday proposed to ease carbon caps in the 27-nation bloc by allowing more use of payments to developing countries, through carbon offsetting.
http://www.reuters.com/article/environmentNews/idUSLI1910320080918
GE, Google Team Up On Energy
Environmental Leader
GE and Google will lobby together in Washington D.C. for renewable energy and are collaborating on advanced energy technologies - including the development of a smart grid. “Our goal is to provide consumers with improved and expanded energy choices, whether it’s buying renewable power, driving a plug-in car, or reducing energy bills by managing home energy use,” the companies said in the announcement.
http://www.environmentalleader.com/2008/09/17/ge-google-team-up-on-energy/
Kraft Cuts Natural Gas Purchases With Waste-To-Energy Projects
Environmental Leader
Kraft waste-to-energy projects have resulted in cutting natural gas purchases at manufacturing facilities in Lowville and Campbell, New York. “This is a time of opportunity for us,” said Steve Yucknut, Kraft’s Vice President, Sustainability. “Our customers want to do business with partners who support sustainability. Consumers want to buy products from companies that ‘get it’ and employees want to work for companies that respect and preserve the world around them. So, we’ve increased our focus on sustainability because it’s the right thing to do and it makes good business sense.”
http://www.environmentalleader.com/2008/09/17/kraft-cuts-natural-gas-purchases-with-waste-to-energy-projects/
Obama’s allowance auction could raise $300bn
Point Carbon (Subscription Site)
A proposal by US presidential candidate Barack Obama to auction 100 per cent of emissions allowances under a federal cap-and-trade system could raise between $100 billion and $300 billion a year, according to Joseph Aldy, fellow at US think tank Resources for the Future.
http://www.pointcarbon.com/news/1.973578
Global warming will Cause biodiversity loss
UPI
A U.S. analysis suggests even if greenhouse gas emissions are fixed at 2005 levels, there could be substantial biodiversity loss and glacial melt. Scripps Institution of Oceanography researchers at the University of California-San Diego say the Earth will warm about 4.3 degrees Fahrenheit above pre-industrial levels even under extremely conservative greenhouse-gas emission scenarios and assuming efforts to resolve particulate pollution are successful. But the scientists say that amount of warming would lead to widespread loss of biodiversity, deglaciation and other adverse consequences in nature.
http://tinyurl.com/4u9yjz
Bush administration taps climate change believer
Deadline USA
The US environmental protection agency, the same body that was dragged into court for dragging its feet on climate policy, has named Deborah Swackhamer the new chief of its Science Advisory Board (SAB), the independent panel that gives advice on the impact of government regulations.
http://www.guardian.co.uk/world/deadlineusa/2008/sep/17/climatechange
Stars Align for Buffett
WSJ
Wall Street might be disappearing into a black hole, but the stars are aligning for Warren Buffett. The veteran value investor has swooped on Constellation Energy Group, the gas and power company which has more than halved in value this week.
http://online.wsj.com/article/SB122175940826653057.html?mod=djemheard
**Constellation is a stakeholder in Green Exchange
Bill Gates Digs Algal Oil
Greentech Media
Bill Gates' Cascades Investments has backed algal Biofuel maker Sapphire Energy, bringing the total amount raised by the startup to over $100 million. The San Diego, Calif., company is one of a slew of startups developing processes for harvesting fuels from algae. In May, the one-year-old company said it had raised over $50 million from Arch Venture Partners, the Wellcome Trust and Venrock. Sapphire CEO Jason Pyle told the Wall Street Journal Wednesday that the company plans to build a production plant capable of generating 10,000 barrels of algal oil a day.
http://www.greentechmedia.com/articles/bill-gates-digs-algal-oil-1431.html
India to Host 2008 Live Earth Event to Raise Awareness for Climate in Crisis
Centre Daily Times
Al Gore, Dr. R.K. Pachauri, Amitabh Bachchan, Jon Bon Jovi, and Kevin Wall Announce "Live Earth India" December 7, 2008, in Mumbai, India
http://www.centredaily.com/living/travel/story/849753.html
E.U. emissions rules would threaten jobs, investments -- industry group
ClimateWire (Subscription Site)
The European Union's plans for tightening carbon trading rules will lead to price hikes for consumers while stifling investment and industry, according to a German energy users' group. "The E.U. plans in their current shape will not lead to any more CO2 emissions savings, as those are capped, but bring sky-high new carbon taxes," Alfred Richmann, managing director of Essen-based VIK, said Monday. "On top of that, there will be a tsunami of power price hikes as a consequence, which could threaten investment plans, our industry's competitiveness and jobs."
http://www.eenews.net/climatewire/2008/09/18/7/
US
Buffet’s Bet: Constellation Deal Shows The Billionaire Likes Nukes
WSJ: Environmental Capital
What is it about those two bridge players that make their investment moves worth watching? Oh—right, they’re the world’s richest men. When Bill Gates pours money into pond scum, investor interest in algae biofuel soars. So how to read Warren Buffett’s $4.7 billion purchase today of Constellation Energy? Most likely, as a vote of confidence in the future of nuclear power in the U.S.
http://blogs.wsj.com/environmentalcapital/2008/09/18/buffets-bet-constellation-deal-shows-the-billionaire-likes-nukes/
InterContinental Chicago O’Hare Buys RECs
Environmental Leader
InterContinental Chicago O’Hare Hotel has signed a renewable power purchase agreement with Constellation NewEnergy. Under the contract, CNE will secure 4,475 megawatt hours of Green-e certified wind renewable energy certificates (RECs) to match the hotel’s energy usage for one year.
http://www.environmentalleader.com/2008/09/17/intercontinental-chicago-ohare-buys-recs/
DTE Energy And University Of Michigan Launch Clean Energy Prize
Energy Daily
To help move clean energy technologies from the laboratory to commercial production, DTE Energy and the University of Michigan are challenging teams from Michigan colleges and universities to develop the best business plans for bringing new clean energy technologies to market.
http://www.energy-daily.com/reports/DTE_Energy_And_University_Of_Michigan_Launch_Clean_Energy_Prize_999.html
Ethanol makers hit by cash crunch
Reuters
Shares of U.S. ethanol makers took a beating on Wednesday as they wrestle with unpredictable corn prices and dwindling cash piles at a time when capital markets look unlikely to provide easy financing.
http://www.enn.com/business/article/38217
Honda Reduces 700 kg of CO2 Emissions Per Vehicle Produced
Environmental Leader
American Honda Motor Co., Inc., released its fourth annual report on the company’s environmental performance in North America. Average per-unit CO2 emissions from the production of automobiles were reduced 1.7 percent from last year, to about 700 kilograms per auto.
http://www.environmentalleader.com/2008/09/17/honda-reduces-700-kg-of-co2-emissions-per-vehicle-produced/
Electronic Recyclers International Names Jesse D. Stallone
Electronic Recyclers
Jesse Stallone works closely with ERI Chair John Shegerian to develop and drive new business opportunities by identifying viable sustainability trends that meet ERI's strategic goals, and leverages the company's analytical skills and industry knowledge to execute deals as ERI expands across the US.
http://www.electronicrecyclers.com/about_managementteam.aspx#JesseStallone
Europe
Carbon price to rise in face of economic slump
Business Green
The price of both UN approved CER carbon credits and EU-backed EUA credits will rise, despite the likelihood that an economic recession and associated fall in carbon emissions should result in lower demand.
http://www.businessgreen.com/business-green/news/2226455/carbon-price-rise-face-economic
Reduced supply of UN-backed carbon credits to drive up EUAs: analysis
Point Carbon (Subscription Site)
The number of UN-backed carbon credits issued between 2008 and the end of 2012 is likely to be 19 per cent lower than previously forecast, which will drive up the price of European carbon allowances by €3, analysis by Point Carbon shows.
http://www.pointcarbon.com/news/1.973508
Britain trying to weaken carbon-cutting plans -- report
GreenWire (Subscripti9on Site)
Britain wants to weaken European Union efforts to cut carbon emissions by allowing firms and countries to import more carbon credits to count against their pollution targets, according to leaked documents obtained by the London Guardian. Such a move would allow European countries to offset carbon emissions through investment in clean projects in the developing world. It would allow Europe to make less effort to cut its pollution, while keeping it on track to meet the ambitious target of cutting carbon emissions by 20 percent by 2020.
http://www.eenews.net/Greenwire/2008/09/18/21/
Germany opposes EU plans on carbon auctions
Reuters
The German government wants to limit industry's required purchase of carbon emissions permits to a maximum of 20 percent a year between 2013 and 2020, government and industry sources told Reuters on Thursday. That is well below the European Commission's proposed target of 100 percent by 2020, which Germany and other countries oppose.
http://uk.reuters.com/article/environmentNews/idUKBAE00138220080918
'Nuclear option' key to meeting CO2 targets
FRANK McDONALD - Irish Times
IRELAND WILL not be able to achieve a 50 per cent cut in carbon emissions by 2050 if the Government continues to rule out the "nuclear option", according to the executive director of the International Energy Agency (IEA).
http://www.irishtimes.com/newspaper/ireland/2008/0919/1221773888281.html
Sectoral approach has ‘clear environmental benefit’ – UN climate chief
Carbon Finance
A sectoral approach to reducing emissions would have a “clear environmental benefit” in reducing global greenhouse gas emissions, UN climate change chief Yvo de Boer told Carbon Finance.
http://www.carbon-financeonline.com/index.cfm?section=lead&action=view&id=11540
California GHG reductions will yield economic benefits: analysis
Point Carbon (Subscription Site)
Cutting California's carbon emissions will not only help the environment, it will also save households money and create jobs, according to an economic analysis released Wednesday by California’s Air Resources Board (Carb).
http://www.pointcarbon.com/news/1.973182
Renewable Energy Bundle-Plus Investing in Renewables Report Offers an In-Depth Analysis of All the Renewable Energies Available Today, from Biofuels to Geothermal
Business Wire
Research and Markets (http://www.researchandmarkets.com/research/389648/renewable_energy_b) has announced the addition of the "Renewable Energy Bundle-Plus Investing in Renewables Report" report to their offering.
http://tinyurl.com/3hktzq
France is Europe’s 2nd leading producer of sustainable energy
InfoTechFrance.com
The French renewable energy sector generated a turnover of €33 billion in 2007 and created 220,000 jobs, according to ADEME, the French Environment and Energy Management Agency, making France Europe’s second largest producer of sustainable energy.
http://www.infotechfrance.com/cgi-local/affichage_signets.pl?UNI_ID=8&RUB_ID=53&SIG_ID=4907&actu=1
Italy to ease grid link-up for renewable energy
Reuters
Italian energy regulator AEEG has approved a set of rules for settling disputes between renewable energy producers and power grid operators aimed at easing an access to the grid for the green energy generators.
http://www.forbes.com/afxnewslimited/feeds/afx/2008/09/17/afx5437215.html
Swedish city turns the tap on bottled water
AFP
Sweden's second city Gothenburg has decided to stop buying bottled water due to environmental concerns and will only provide civil servants with tap water, a city councillor said Thursday.
http://www.terradaily.com/2007/080918131829.61xjdy2x.html
Shares in carbon companies tumble
Point Carbon
Carbon finance companies that are listed on the London Stock Exchange have seen their valuations tumble over the last few weeks, as stock markets plunge and delays lengthen in the UN-administered system that generates international offset credits.
http://www.pointcarbon.com/news/1.973579
*Subscription site
UK to call for 50% CDM import limit from 2013
Point Carbon
The UK appears to have joined Germany in urging the EU to allow European companies to import more carbon offset credits from countries such as China and India to help meet emission targets under the bloc’s carbon trading scheme.
http://www.pointcarbon.com/news/1.973467
*Subscription site
Climate Exchange eyes continued growth in 2008, despite financial turbulence
Point Carbon
Climate Exchange Plc, the London-listed owner of carbon trading platforms in Europe and the US, reckons traded volume in environmental markets will continue growing in the remainder of the year, despite the current turbulence in the financial sector, the company said in an earnings release on Thursday.
http://www.pointcarbon.com/news/1.973420
*Subscription site
Asia
Kyocera Plans to Spend 55 Billion Yen on Solar Cells (Update2)
Hiroshi Suzuki - Bloomberg
Kyocera Corp., the world's fourth- largest solar-battery maker, will spend 55 billion yen ($527 million) to more than double production of solar-battery cells and meet demand for renewable energy.
http://www.bloomberg.com/apps/news?pid=20601101&sid=aRvvXjw1OKAM&refer=japan
Bakers Alternate Energy Fund Remains Positive
Press release
Despite growing concerns over global liquidity and one of the worst Australian share market downturns in recent history, the Bakers Alternate Energy Fund remains in positive territory in the nine months year to date from January 1 to September 17, 2008.
The Australian Equity fund which tracks the Bakers ALTEX-Australia portfolio has retained its value though the year with a return of 2%, outperforming the ASX-300 by 27%.
Industry ETS compensation could cost Australia A$6 billion
Point Carbon
The Australian government’s proposal to provide compensation to trade-exposed industries covered by the emissions trading scheme could amount to as much as A$6 billion (US$4.8 million) annually, according to the Climate Institute.
http://www.pointcarbon.com/news/1.973419
*Subscription site
China taps emergency water for "grim" Beijing
Reuters
China's capital started pumping "emergency" water from its long-parched neighboring province on Thursday, with officials speaking of a "grim" shortfall weeks after the Olympics when they said the city had enough water.
http://www.enn.com/health/article/38223
China approves 96 CDM projects
Point Carbon
China has approved 96 clean development mechanism (CDM) projects that can cut annual greenhouse gas emissions by 15.53 million tonnes of CO2 equivalent, taking the total number of approved projects in the country to 1,539.
http://www.pointcarbon.com/news/1.973404
*Subscription site
Reports
Best Practice Guide, Carbon Management
Carbon Positive
From setting measurement criteria, to gaining buy-in from senior and board-level management, to a highly informative best practice matrix, the authors say this is a valuable guide to the ‘do’s’ and ‘don’ts’ of carbon management. The report shares best practice from some of the leaders in the field and investigates how some of the world’s leading companies across a range of sectors are actually collecting emissions data and how they are addressing carbon issues.
http://116.12.48.151/viewarticle.aspx?articleID=1244
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Biofuels for transportation: a climate perspective (posted June 30, 2008)
As the United States seeks to reduce greenhouse gas (GHG) emissions from motor vehicles and to lessen its dependence on imported oil, biofuels are gaining increasing attention as one possible solution. This paper offers an introduction to the current state of play for biofuels: the technologies used in their production, their GHG emissions, and associated policy issues.
http://www.pewclimate.org/docUploads/BiofuelsFINAL.pdf
The Matrix: Mapping Ecosystem Service Markets (posted June 30, 2008)
Nathaniel Carroll & Michael Jenkins - Ecosystem Marketplace
The once-radical concept of saving the environment by documenting the economic value of environmental services and then getting industry to pay is finally catching on – but how is one to keep track of all the new methodologies and concepts? The Ecosystem Marketplace presents The Matrix, a new tool for surveying the ecosystem services landscape.
http://ecosystemmarketplace.com/documents/cms_documents/PES_Matrix_Profiles_PROFOR.pdf
Breaking The Climate Deadlock: A Global Deal for Our Low-Carbon Future (posted June 29, 2008)
Tony Blair and Climate Group
There is now virtually overwhelming evidence about climate change and its consequences; there remain uncertainties, but the risks of negative and irreversible consequences are clearly high.
http://tonyblairoffice.org/AGlobalDealforOurLowCarbonFuture.pdf
The economic opportunities arising from emissions trading: The major cost of delay (posted June 24, 2008)
New Zealand Business Council for Sustainable Development
to brief New Zealand Members of Parliament.
http://www.nzbcsd.org.nz/_attachments/ETS%5FOPPORTUNITIES%5FAND%5FCOST%5FOF%5FDELAY%5FREPORT%5FHR%5FFINAL%5FJUNE%5F20081%2Epdf
Principles for Responsible Investment (posted June 19, 2008)
PRI Report on Progress 2008
http://www.unpri.org/files/2008PRI_Report_on_Progress.pdf
Benefit Analysis: Use of Aluminum Structures in Conjunction with Alternative Powertrain Technologies in Automobiles
– (posted June 18, 2008)
http://www.autoaluminum.org/downloads/IBIS-Powertrain-Study.pdf
Emissions Markets: Cap & Trade
What Factors Can Make Cap & Trade Successful? (posted June 12, 2008)
APX
An APX whitepaper that explores the central points in the cap and trade discussion, reviews its track record as an environmental policy mechanism - both where it has stumbled and where it has succeeded beyond expectations - and identifies six critical factors for ensuring the success of cap and trade systems.
http://www.apx.com/environmental/emissions-cap-and-trade.asp?ad=APX
CORRECTING THE WORLD’S GREATEST MARKET FAILURE: Climate Change and the Multilateral Development Banks (posted June 12, 2008)
World Resources Institute
http://pdf.wri.org/correcting_the_worlds_greatest_market_failure.pdf
BP Statistical Review of World Energy (posted June 11, 2008)
June 2008
http://www.bp.com/liveassets/bp_internet/globalbp/globalbp_uk_english/reports_and_publications/statistical_energy_review_2008/STAGING/local_assets/downloads/pdf/statistical_review_of_world_energy_full_review_2008.pdf
Summary of the Boxer Substitute Amendment To the Lieberman-Warner Climate Security Act (posted June 2, 2008)
Pew Center on Global Climate Change
This document summarizes the version of the Lieberman-Warner Climate Security Act of 2008 that is scheduled to be debated by the United States Senate the week of June 2, 2008. The Act, if enacted into law, would establish a market-based cap-and-trade program for greenhouse gas (GHG) emissions in the United States, and establish other measures to reduce GHG emissions. This summary has been prepared by the Pew Center on Global Climate Change.
http://www.pewclimate.org/docUploads/PewCenter-B-L-W-summary.pdf
MIT's Ellerman discusses new report on Europe's emissions trading scheme - (posted May 19, 2008)
http://www.eenews.net/tv/rss/2008/05/19/
The European Union Emissions Trading System in Perspective (posted May 8, 2008)
Pew Center on Global Climate Change
http://www.pewclimate.org/docUploads/EU-ETS-In-Perspective-Report.pdf
State and Trends of the Carbon Market 2008” report from the World Bank (posted May 7, 2008)
http://siteresources.worldbank.org/NEWS/Resources/State&Trendsformatted06May10pm.pdf
Trends in Global Noise and Emissions from Commercial Aviation for 2000 through 2025 (posted May 7, 2008)
http://www.aef.org.uk/?p=245
(Click on link to Word document at the bottom of page)
NORD POOL ANNUAL REPORT 2007 (posted May 7, 2008)
http://www.nordpool.com/information/publications/annualreport/Nordpool_arsrapport07_ENG.pdf
Events
Cleantech Forum® XVIII
September 15-17, 2008, Washington, DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
__________________________________________________________________________________________________________
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Thursday, September 18. 2008
Environmental Markes Newsletter, September 18, 2008
Lead Stories
Citi and Good Energies lead $140m solar energy financing
Dow Jones
Citi Alternative Investments and specialist private equity firm Good Energies have led a $140m (€98.8m) funding round for SolarReserve, a US renewable energy company, in one of the biggest venture rounds of the year as the clean-tech sector remains a strong draw for investments.
http://www.penews.com/today/index/content/2451841156/restricted
Cleantech Investment Reaches Record in Q2
Renewable Energy World
After what some experts have referred to as disappointing quarters in Q4 of 2007 and Q1 of 2008, cleantech venture investing has come out of its slump in Q2 with a record 66 deals and US $897 million invested, topping the previous record of 55 deals and US $736 million set in Q3 of 2007, according to Topline Strategy Group.
http://www.renewableenergyworld.com/rea/news/story?id=53585
**JK – The question now is – in the wake of the Wall Street meltdown, will this continue?
Lehman Brothers Close Ties to Gore, Hansen and Carbon Trading
Tom Nelson
Al Gore’s carbon trading business GIM was banked with Lehman Bros. It will be interesting to see how this will play in the future but I suspect that this increases the risk of participating in Carbon trading. Merrill Lynch was also deeply involved in this business. Last year Lehman Brothers released a long and highly publicized report about climate change in which they preached about decarbonization, trying to make their investors keep getting high profits from the Kyoto carbon trade scheme and the support of huge public subventions. All that, of course, with the applause of the usual choir of politicians, the entire media and the Greens.
http://tomnelson.blogspot.com/2008/09/lehman-brothers-close-ties-to-gore.html
** JK – Yes, in this era of politics, it makes all the sense in the world to tie Al Gore to Lehman’s disaster in the sub-prime market. Lehman may have been destroyed by poor management, if not criminal negligence on the part of its executives. But to suggest that carbon trading was responsible for the downfall of Lehman and Merrill shows a complete lack of knowledge of Wall Street and the trading space.
EU eyes $14 bln emission permits for carbon capture
Reuters
The European Union is close to agreeing on a source of public funding for power stations to trap and bury carbon dioxide in the battle against climate change, lawmakers and European Commission sources said.
http://uk.reuters.com/article/environmentNews/idUKLH69914520080917
**JK – A solution. But is it THE solution?
Google to buy North Carolina VERs
Point Carbon (Subscription Site)
Google will buy most of the voluntary emissions reductions (VERs) from a landfill gas project near its new data centre in North Carolina that will capture 120,000 tonnes of greenhouse gas emissions over 10 years.
http://www.pointcarbon.com/news/1.973067
VER prices up 26% in 2008
Carbon Positive
The prices of carbon credits in the voluntary carbon market have risen by 26 per cent in 2008, according to market analysts New Carbon Finance (NCF). Launching a new index reflecting prices across the disparate world market for Verified Emissions Reductions (VERs), NCF said that in the first eight months of the year average prices on the secondary market for issued VERs had risen from $US5.00 to $6.30. One VER equates to one tonne of carbon dioxide-equivalent (CO2e) emissions reduced.
http://116.12.48.151/viewarticle.aspx?articleID=1238
EU to link up with ITL by 17 October
The EU's electronic carbon credit registry will connect to the UN international transaction log (ITL) some time between 6 October and 17 October, according to the EU commission's web site.
http://www.pointcarbon.com/news/1.973053
Japanese government unveils outline of ‘voluntary’ trial ETS
Point Carbon (Subscription Site)
Japan today unveiled the outline of a greenhouse gas (GHG) emissions trading system to be launched on a trial basis in October.
http://www.pointcarbon.com/news/1.972864
South Korea launches first carbon trading company
Reuters
South Korea said on Wednesday it would launch its first carbon trading firm to fund clean energy projects and encourage investment in emission trading, joining the global push to tap the $64 billion carbon market to fight climate change. Korea Carbon Finance will launch this month with 5 billion won ($4.3 million) in capital, financed by Korea Investment & Securities and private companies, South Korea's energy ministry said.
http://uk.reuters.com/article/environmentNews/idUKSEO37065020080917
CCX ag offsets will not be eligible under federal scheme: legislative expert
Point Carbon (Subscription site)
Agricultural offsets traded on the voluntary Chicago Climate Exchange (CCX) will not pass muster under a US federal cap-and-trade scheme, a Washington carbon conference heard Tuesday.
http://www.pointcarbon.com/news/1.972518
Republicans call the Democratic plan a political sham. The measure's fate is unclear in the Senate.
CARL HULSE - New York Times
WASHINGTON - The House on Tuesday night approved a bill 236-189 that would ease a longstanding ban on offshore oil drilling and try to spur greater use of alternative fuels as Democrats and Republicans engaged in a bitter clash over America's energy future.
http://www.startribune.com/politics/28487799.html?elr=KArksi8cyaiUo8cyaiUiD3aPc:_Yyc:aUU
Comment by Dan Weiss, Senior Fellow and Director of, Climate Strategy, Center for American Progress
Commentary by Dan Weiss
The House of Representative passage of the Comprehensive American Energy Security and Consumer Protection Act, H.R. 6899, would reduce energy costs for families and includes many provisions to speed the transformation to clean renewable energy and efficiency.
http://news.google.com/news?btcid=ea398f30c4e7056b
US
House panel to examine how 'green' industries could jump-start economy
E & E Daily (Subscription Site)
Robert Pollin, co-director of the Political Economy Research Institute at the University of Massachusetts, Amherst, is scheduled to testify. Pollin co-authored a recent report, which claims that a short-term $100 billion investment in clean technologies would create almost four times as many jobs than spending the same amount of money within the oil industry. Yet another topic that could come up at the hearing is how the collapse of Lehman Brothers Holdings Inc. and other major investment banks will affect investments in wind energy and other clean tech industries, Burnham-Snyder said.
http://www.eenews.net/EEDaily/2008/09/17/11/
Doyle to dish clean energy cash
The Badger Herald
Gov. Jim Doyle announced Tuesday he would hand over more than $7 million in grants to companies searching for clean energy technologies. During a press conference, Doyle went on to say he hoped the state’s research capacity could make alternative energies more available and affordable across the country.
http://badgerherald.com/news/2008/09/17/doyle_to_dish_clean_.php
Los Angeles to Become a Greentech Hub
GreenTech Media
The city will turn a swath of land in downtown into a complex for greentech manufacturing and incubator.
http://www.greentechmedia.com/articles/los-angeles-to-become-a-greentech-hub-1425.html
U.S. Says 28 of 3,800 Gulf Oil, Gas Platforms Were Destroyed by Ike
Bloomberg
The U.S. government said 28 of about 3,800 oil and natural gas production platforms in the Gulf of Mexico were destroyed by Hurricane Ike. The destroyed platforms were capable of producing 11,000 barrels of oil and 82 million cubic feet of natural gas a day, the Minerals Management Service said in a statement today. The region produces about 1.3 million barrels of oil and 7.4 billion cubic feet of gas daily. ``To date, most of the destroyed platforms include older facilities with small levels of production,'' Lars Herbst, regional director for the service's Gulf of Mexico region, said in the statement. ``We expect additional reports of damage as the weather allows more flights and operators are able to board the platforms and begin inspections.''
http://www.enercast.com/index.php?cont=27516
Are large forest fires 'natural' or huge, man-made sources of carbon emissions?
ClimateWire (Subscription Site)
The afternoon of June 20 was the beginning of an epic, month-long nightmare for firefighters in Northern California. The lightning-sparked fire that started that day consumed 1.2 million acres of trees, killed 15 people, destroyed 511 structures and cost $85.3 million to put out. It also reignited a debate among scientists and regulators over the climate impacts of large fires and whether the state of California, which is busy writing protocols and creating incentives to reduce carbon emissions, should reward practices that can reduce the size of large fires, such as selective forest thinning.
http://www.eenews.net/cw/2008/09/17/1
World Bank tries to structure a carbon market to save forests
ClimateWire (Subscription Site)
The destruction of C02-trapping trees in Indonesia, Brazil and other parts of the world spews more carbon into the air than every car, bus and truck on the road in the world. Yet while climate leaders agree that tropical forests must be protected, figuring out how to do it has become one of the thorniest negotiating issues as nations work to create an agreement to replace the Kyoto Protocol in 2012.
http://www.eenews.net/climatewire/2008/09/17/2/
How should companies measure and sell sustainability?
ClimateWire (Subscription Site)
Procter and Gamble offers a good example of this approach with its "Eco-Efficiency Analysis" set of metrics, which it uses to assess its wide array of products. The focused methodology allowed the company to realize that the laundry detergents it makes tends to leave the largest carbon footprint, and led to the development of Tide Coldwater, which gives consumers an option to cut energy use. The product focus is good because it takes the decision to "buy green" away from the consumer, who is more likely choose price and performance over eco-friendliness, P&G's McAneny said.
http://www.eenews.net/climatewire/2008/09/17/3/
Hunting for Cash at the Cleantech Forum
Greentech Media
Solar-cell developer Ampulse said it is looking to raise $10 million in its first round of financing, and morphing wind-blade developer FlexSys wants $8 million.
http://www.greentechmedia.com/articles/hunting-for-cash-at-the-cleantech-forum-1424.html
Demand for US-based VCS offsets seen rising
Point Carbon (Subscription Site)
Voluntary Carbon Standard (VCS) registries are set to go live by the end of the month, and market observers say demand is growing for credits from US-based emissions-reduction projects as companies prepare for mandatory carbon restraints.
http://www.pointcarbon.com/news/1.972401
Europe
Three EU registries down after minor technical error
Point Carbon (Subscription Site)
At least three national registries in the EU emissions trading scheme were out of action early on Wednesday, following a network failure amid technical problems, according to an EU commission official.
http://www.pointcarbon.com/news/1.972858
UK carbon trading to have little impact on emissions
Business Green
That is the stark warning of a new report released today by green business research firm Verdantix, which argues that while the scheme's initial impact on emissions levels will be limited the penalties for non-compliance make robust carbon management a necessity for the 5,000 organisations involved.
http://www.businessgreen.com/business-green/news/2226213/uk-carbon-trading-little-impact
Britain’s Worst Carbon Polluters Set For Multi-Million Pound Windfall
Red Green and Blue
An in-depth investigation by The Guardian newspaper has revealed that many of Britain’s most polluting companies stand to receive a windfall of hundreds of millions of pounds, with no benefit to the environment.
http://redgreenandblue.org/2008/09/15/britains-worst-carbon-polluters-set-for-multi-million-pound-windfall/
Norway to contribute up to $1bn to Amazon fund by 2015
Point Carbon (Subscription Site)
The government of Norway will contribute up to $1 billion over the next seven years to a Brazilian fund dedicated to reducing deforestation in the Amazon.
http://www.pointcarbon.com/news/1.972531
Asia
SKorea to set up first carbon trading company
AFP
SEOUL — South Korea will set up its first carbon trading company to help regulate greenhouse gas emissions, officials said Wednesday.
Korean Carbon Finance (KCF) will be set up this month with start-up capital of five billion won (4.4 million dollars), said the Ministry of Knowledge Economy.
http://afp.google.com/article/ALeqM5jIMyIj-iCZCL2caeBGB3YGmLyq2A
China Offers Chance to Cash in on Green Energy
The Street
But it's not just politicians and academics becoming involved with the issue. The global capital markets capital-markets are having their say. Peony Capital Ltd., a €400 million ($590 million) Beijing-based carbon trading fund backed by Microsoft (MSFT Quote - Cramer on MSFT - Stock Picks) founder Bill Gates, said in August that it would buy 10 million tons of emission reductions by 2012 from projects in China.
http://www.thestreet.com/story/10404877/1/china-offers-chance-to-cash-in-on-green-energy.html?puc=googlen&cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA
Cambodia pioneering world's first carbon trading cooperative
Anne-Laure Porée - The Phnom Penh Post
With the global carbon trade booming, environmental projects in developing countries have joined forces to finance their poverty reduction efforts by selling carbon credits collectively
http://www.phnompenhpost.com/index.php/2008091621686/National-news/Cambodia-pioneering-world-s-first-carbon-trading-cooperative.html
Cleaning up an engine’s act
Gregory M. Lamb - The Christian Science Monitor
The humble two-stroke gasoline engine has done yeoman work for well over a century. The noisy beasts, invented by Sir Dougald Clerk in 1876, are reliable, easy to maintain, and powerful for their size. But they have a dirty secret.
http://features.csmonitor.com/environment/2008/09/16/cleaning-up-an-engine%E2%80%99s-act/
Other
Carbon markets make it to B-school curriculum
Business Standard
Guest faculty from JP Morgan, PricewaterhouseCoopers, CantorCo2e, SELCO-INDIA, Gujarat Urban Development Mission and University of California will be invited for the course. PR Shukla, course coordinator and IIM-A professor, says: “Carbon finance is an emerging area and the course adds depth to the existing courses on environment management.” B-schools are taking initiatives to provide students with an understanding of the changing relationship between business and environmental management.
http://www.business-standard.com/india/storypage.php?autono=334497
Air NZ test flight saves fuel
Carbon Positive
Air New Zealand has cut fuel usage by 4 per cent and greenhouse gas emissions by 3 per cent on a trial flight across the Pacific Ocean aimed at testing new flight procedures to maximise fuel efficiency.
http://www.carbonpositive.net/viewarticle.aspx?articleID=1236
Reports
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Biofuels for transportation: a climate perspective (posted June 30, 2008)
As the United States seeks to reduce greenhouse gas (GHG) emissions from motor vehicles and to lessen its dependence on imported oil, biofuels are gaining increasing attention as one possible solution. This paper offers an introduction to the current state of play for biofuels: the technologies used in their production, their GHG emissions, and associated policy issues.
http://www.pewclimate.org/docUploads/BiofuelsFINAL.pdf
The Matrix: Mapping Ecosystem Service Markets (posted June 30, 2008)
Nathaniel Carroll & Michael Jenkins - Ecosystem Marketplace
The once-radical concept of saving the environment by documenting the economic value of environmental services and then getting industry to pay is finally catching on – but how is one to keep track of all the new methodologies and concepts? The Ecosystem Marketplace presents The Matrix, a new tool for surveying the ecosystem services landscape.
http://ecosystemmarketplace.com/documents/cms_documents/PES_Matrix_Profiles_PROFOR.pdf
Breaking The Climate Deadlock: A Global Deal for Our Low-Carbon Future (posted June 29, 2008)
Tony Blair and Climate Group
There is now virtually overwhelming evidence about climate change and its consequences; there remain uncertainties, but the risks of negative and irreversible consequences are clearly high.
http://tonyblairoffice.org/AGlobalDealforOurLowCarbonFuture.pdf
The economic opportunities arising from emissions trading: The major cost of delay (posted June 24, 2008)
New Zealand Business Council for Sustainable Development
to brief New Zealand Members of Parliament.
http://www.nzbcsd.org.nz/_attachments/ETS%5FOPPORTUNITIES%5FAND%5FCOST%5FOF%5FDELAY%5FREPORT%5FHR%5FFINAL%5FJUNE%5F20081%2Epdf
Principles for Responsible Investment (posted June 19, 2008)
PRI Report on Progress 2008
http://www.unpri.org/files/2008PRI_Report_on_Progress.pdf
Benefit Analysis: Use of Aluminum Structures in Conjunction with Alternative Powertrain Technologies in Automobiles
– (posted June 18, 2008)
http://www.autoaluminum.org/downloads/IBIS-Powertrain-Study.pdf
Emissions Markets: Cap & Trade
What Factors Can Make Cap & Trade Successful? (posted June 12, 2008)
APX
An APX whitepaper that explores the central points in the cap and trade discussion, reviews its track record as an environmental policy mechanism - both where it has stumbled and where it has succeeded beyond expectations - and identifies six critical factors for ensuring the success of cap and trade systems.
http://www.apx.com/environmental/emissions-cap-and-trade.asp?ad=APX
CORRECTING THE WORLD’S GREATEST MARKET FAILURE: Climate Change and the Multilateral Development Banks (posted June 12, 2008)
World Resources Institute
http://pdf.wri.org/correcting_the_worlds_greatest_market_failure.pdf
BP Statistical Review of World Energy (posted June 11, 2008)
June 2008
http://www.bp.com/liveassets/bp_internet/globalbp/globalbp_uk_english/reports_and_publications/statistical_energy_review_2008/STAGING/local_assets/downloads/pdf/statistical_review_of_world_energy_full_review_2008.pdf
Summary of the Boxer Substitute Amendment To the Lieberman-Warner Climate Security Act (posted June 2, 2008)
Pew Center on Global Climate Change
This document summarizes the version of the Lieberman-Warner Climate Security Act of 2008 that is scheduled to be debated by the United States Senate the week of June 2, 2008. The Act, if enacted into law, would establish a market-based cap-and-trade program for greenhouse gas (GHG) emissions in the United States, and establish other measures to reduce GHG emissions. This summary has been prepared by the Pew Center on Global Climate Change.
http://www.pewclimate.org/docUploads/PewCenter-B-L-W-summary.pdf
MIT's Ellerman discusses new report on Europe's emissions trading scheme - (posted May 19, 2008)
http://www.eenews.net/tv/rss/2008/05/19/
The European Union Emissions Trading System in Perspective (posted May 8, 2008)
Pew Center on Global Climate Change
http://www.pewclimate.org/docUploads/EU-ETS-In-Perspective-Report.pdf
State and Trends of the Carbon Market 2008” report from the World Bank (posted May 7, 2008)
http://siteresources.worldbank.org/NEWS/Resources/State&Trendsformatted06May10pm.pdf
Trends in Global Noise and Emissions from Commercial Aviation for 2000 through 2025 (posted May 7, 2008)
http://www.aef.org.uk/?p=245
(Click on link to Word document at the bottom of page)
NORD POOL ANNUAL REPORT 2007 (posted May 7, 2008)
http://www.nordpool.com/information/publications/annualreport/Nordpool_arsrapport07_ENG.pdf
Events
International Corporate Social Responsibility Conference
29-31 July 2008, Kuala Lumpur, Malaysia
This conference is a platform for Malaysian companies, fund managers, and international CSR organizations to exchange ideas. Keynote speakers include Soren Petersen, Global Compact, Nelmara Arbex, Global Reporting Initiative, and James Gifford, United Nations Principles for Responsible Investment.
http://www.csrconferences.com/programme/main.html
AETS Green Paper Analysis - Online
10 a.m., August 5, 2008
2hrs Cost: $291.50AU (inc. GST)
A Detailed Analysis of the Government's Green Paper on the AETS
ACX managing director, Tim Hanlin, will give a detailed analysis of the recently released Green Paper regarding the Australian Emissions Trading Scheme & how it may affect you.
http://www.climateexchange.com.au/acxadmin/ContentFiles/PDF/Green_Paper_reg.pdf
COPENMIND 2008 Exhibition & Conference
September 1 -3, 2008, Copenhagen
COPENMIND Conference covers three days of presentations, seminars and workshops on the COPENMIND 2008 topic of cleantech. The aim is to encourage best practice sharing, technology transfer and the creation of new research partnerships between science and business. Sessions can be attended and hosted by interested university and industry delegates.
http://www.copenmind.com/
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
Cleantech Forum® XVIII
September 15-17, 2008, Washington, DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
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Citi and Good Energies lead $140m solar energy financing
Dow Jones
Citi Alternative Investments and specialist private equity firm Good Energies have led a $140m (€98.8m) funding round for SolarReserve, a US renewable energy company, in one of the biggest venture rounds of the year as the clean-tech sector remains a strong draw for investments.
http://www.penews.com/today/index/content/2451841156/restricted
Cleantech Investment Reaches Record in Q2
Renewable Energy World
After what some experts have referred to as disappointing quarters in Q4 of 2007 and Q1 of 2008, cleantech venture investing has come out of its slump in Q2 with a record 66 deals and US $897 million invested, topping the previous record of 55 deals and US $736 million set in Q3 of 2007, according to Topline Strategy Group.
http://www.renewableenergyworld.com/rea/news/story?id=53585
**JK – The question now is – in the wake of the Wall Street meltdown, will this continue?
Lehman Brothers Close Ties to Gore, Hansen and Carbon Trading
Tom Nelson
Al Gore’s carbon trading business GIM was banked with Lehman Bros. It will be interesting to see how this will play in the future but I suspect that this increases the risk of participating in Carbon trading. Merrill Lynch was also deeply involved in this business. Last year Lehman Brothers released a long and highly publicized report about climate change in which they preached about decarbonization, trying to make their investors keep getting high profits from the Kyoto carbon trade scheme and the support of huge public subventions. All that, of course, with the applause of the usual choir of politicians, the entire media and the Greens.
http://tomnelson.blogspot.com/2008/09/lehman-brothers-close-ties-to-gore.html
** JK – Yes, in this era of politics, it makes all the sense in the world to tie Al Gore to Lehman’s disaster in the sub-prime market. Lehman may have been destroyed by poor management, if not criminal negligence on the part of its executives. But to suggest that carbon trading was responsible for the downfall of Lehman and Merrill shows a complete lack of knowledge of Wall Street and the trading space.
EU eyes $14 bln emission permits for carbon capture
Reuters
The European Union is close to agreeing on a source of public funding for power stations to trap and bury carbon dioxide in the battle against climate change, lawmakers and European Commission sources said.
http://uk.reuters.com/article/environmentNews/idUKLH69914520080917
**JK – A solution. But is it THE solution?
Google to buy North Carolina VERs
Point Carbon (Subscription Site)
Google will buy most of the voluntary emissions reductions (VERs) from a landfill gas project near its new data centre in North Carolina that will capture 120,000 tonnes of greenhouse gas emissions over 10 years.
http://www.pointcarbon.com/news/1.973067
VER prices up 26% in 2008
Carbon Positive
The prices of carbon credits in the voluntary carbon market have risen by 26 per cent in 2008, according to market analysts New Carbon Finance (NCF). Launching a new index reflecting prices across the disparate world market for Verified Emissions Reductions (VERs), NCF said that in the first eight months of the year average prices on the secondary market for issued VERs had risen from $US5.00 to $6.30. One VER equates to one tonne of carbon dioxide-equivalent (CO2e) emissions reduced.
http://116.12.48.151/viewarticle.aspx?articleID=1238
EU to link up with ITL by 17 October
The EU's electronic carbon credit registry will connect to the UN international transaction log (ITL) some time between 6 October and 17 October, according to the EU commission's web site.
http://www.pointcarbon.com/news/1.973053
Japanese government unveils outline of ‘voluntary’ trial ETS
Point Carbon (Subscription Site)
Japan today unveiled the outline of a greenhouse gas (GHG) emissions trading system to be launched on a trial basis in October.
http://www.pointcarbon.com/news/1.972864
South Korea launches first carbon trading company
Reuters
South Korea said on Wednesday it would launch its first carbon trading firm to fund clean energy projects and encourage investment in emission trading, joining the global push to tap the $64 billion carbon market to fight climate change. Korea Carbon Finance will launch this month with 5 billion won ($4.3 million) in capital, financed by Korea Investment & Securities and private companies, South Korea's energy ministry said.
http://uk.reuters.com/article/environmentNews/idUKSEO37065020080917
CCX ag offsets will not be eligible under federal scheme: legislative expert
Point Carbon (Subscription site)
Agricultural offsets traded on the voluntary Chicago Climate Exchange (CCX) will not pass muster under a US federal cap-and-trade scheme, a Washington carbon conference heard Tuesday.
http://www.pointcarbon.com/news/1.972518
Republicans call the Democratic plan a political sham. The measure's fate is unclear in the Senate.
CARL HULSE - New York Times
WASHINGTON - The House on Tuesday night approved a bill 236-189 that would ease a longstanding ban on offshore oil drilling and try to spur greater use of alternative fuels as Democrats and Republicans engaged in a bitter clash over America's energy future.
http://www.startribune.com/politics/28487799.html?elr=KArksi8cyaiUo8cyaiUiD3aPc:_Yyc:aUU
Comment by Dan Weiss, Senior Fellow and Director of, Climate Strategy, Center for American Progress
Commentary by Dan Weiss
The House of Representative passage of the Comprehensive American Energy Security and Consumer Protection Act, H.R. 6899, would reduce energy costs for families and includes many provisions to speed the transformation to clean renewable energy and efficiency.
http://news.google.com/news?btcid=ea398f30c4e7056b
US
House panel to examine how 'green' industries could jump-start economy
E & E Daily (Subscription Site)
Robert Pollin, co-director of the Political Economy Research Institute at the University of Massachusetts, Amherst, is scheduled to testify. Pollin co-authored a recent report, which claims that a short-term $100 billion investment in clean technologies would create almost four times as many jobs than spending the same amount of money within the oil industry. Yet another topic that could come up at the hearing is how the collapse of Lehman Brothers Holdings Inc. and other major investment banks will affect investments in wind energy and other clean tech industries, Burnham-Snyder said.
http://www.eenews.net/EEDaily/2008/09/17/11/
Doyle to dish clean energy cash
The Badger Herald
Gov. Jim Doyle announced Tuesday he would hand over more than $7 million in grants to companies searching for clean energy technologies. During a press conference, Doyle went on to say he hoped the state’s research capacity could make alternative energies more available and affordable across the country.
http://badgerherald.com/news/2008/09/17/doyle_to_dish_clean_.php
Los Angeles to Become a Greentech Hub
GreenTech Media
The city will turn a swath of land in downtown into a complex for greentech manufacturing and incubator.
http://www.greentechmedia.com/articles/los-angeles-to-become-a-greentech-hub-1425.html
U.S. Says 28 of 3,800 Gulf Oil, Gas Platforms Were Destroyed by Ike
Bloomberg
The U.S. government said 28 of about 3,800 oil and natural gas production platforms in the Gulf of Mexico were destroyed by Hurricane Ike. The destroyed platforms were capable of producing 11,000 barrels of oil and 82 million cubic feet of natural gas a day, the Minerals Management Service said in a statement today. The region produces about 1.3 million barrels of oil and 7.4 billion cubic feet of gas daily. ``To date, most of the destroyed platforms include older facilities with small levels of production,'' Lars Herbst, regional director for the service's Gulf of Mexico region, said in the statement. ``We expect additional reports of damage as the weather allows more flights and operators are able to board the platforms and begin inspections.''
http://www.enercast.com/index.php?cont=27516
Are large forest fires 'natural' or huge, man-made sources of carbon emissions?
ClimateWire (Subscription Site)
The afternoon of June 20 was the beginning of an epic, month-long nightmare for firefighters in Northern California. The lightning-sparked fire that started that day consumed 1.2 million acres of trees, killed 15 people, destroyed 511 structures and cost $85.3 million to put out. It also reignited a debate among scientists and regulators over the climate impacts of large fires and whether the state of California, which is busy writing protocols and creating incentives to reduce carbon emissions, should reward practices that can reduce the size of large fires, such as selective forest thinning.
http://www.eenews.net/cw/2008/09/17/1
World Bank tries to structure a carbon market to save forests
ClimateWire (Subscription Site)
The destruction of C02-trapping trees in Indonesia, Brazil and other parts of the world spews more carbon into the air than every car, bus and truck on the road in the world. Yet while climate leaders agree that tropical forests must be protected, figuring out how to do it has become one of the thorniest negotiating issues as nations work to create an agreement to replace the Kyoto Protocol in 2012.
http://www.eenews.net/climatewire/2008/09/17/2/
How should companies measure and sell sustainability?
ClimateWire (Subscription Site)
Procter and Gamble offers a good example of this approach with its "Eco-Efficiency Analysis" set of metrics, which it uses to assess its wide array of products. The focused methodology allowed the company to realize that the laundry detergents it makes tends to leave the largest carbon footprint, and led to the development of Tide Coldwater, which gives consumers an option to cut energy use. The product focus is good because it takes the decision to "buy green" away from the consumer, who is more likely choose price and performance over eco-friendliness, P&G's McAneny said.
http://www.eenews.net/climatewire/2008/09/17/3/
Hunting for Cash at the Cleantech Forum
Greentech Media
Solar-cell developer Ampulse said it is looking to raise $10 million in its first round of financing, and morphing wind-blade developer FlexSys wants $8 million.
http://www.greentechmedia.com/articles/hunting-for-cash-at-the-cleantech-forum-1424.html
Demand for US-based VCS offsets seen rising
Point Carbon (Subscription Site)
Voluntary Carbon Standard (VCS) registries are set to go live by the end of the month, and market observers say demand is growing for credits from US-based emissions-reduction projects as companies prepare for mandatory carbon restraints.
http://www.pointcarbon.com/news/1.972401
Europe
Three EU registries down after minor technical error
Point Carbon (Subscription Site)
At least three national registries in the EU emissions trading scheme were out of action early on Wednesday, following a network failure amid technical problems, according to an EU commission official.
http://www.pointcarbon.com/news/1.972858
UK carbon trading to have little impact on emissions
Business Green
That is the stark warning of a new report released today by green business research firm Verdantix, which argues that while the scheme's initial impact on emissions levels will be limited the penalties for non-compliance make robust carbon management a necessity for the 5,000 organisations involved.
http://www.businessgreen.com/business-green/news/2226213/uk-carbon-trading-little-impact
Britain’s Worst Carbon Polluters Set For Multi-Million Pound Windfall
Red Green and Blue
An in-depth investigation by The Guardian newspaper has revealed that many of Britain’s most polluting companies stand to receive a windfall of hundreds of millions of pounds, with no benefit to the environment.
http://redgreenandblue.org/2008/09/15/britains-worst-carbon-polluters-set-for-multi-million-pound-windfall/
Norway to contribute up to $1bn to Amazon fund by 2015
Point Carbon (Subscription Site)
The government of Norway will contribute up to $1 billion over the next seven years to a Brazilian fund dedicated to reducing deforestation in the Amazon.
http://www.pointcarbon.com/news/1.972531
Asia
SKorea to set up first carbon trading company
AFP
SEOUL — South Korea will set up its first carbon trading company to help regulate greenhouse gas emissions, officials said Wednesday.
Korean Carbon Finance (KCF) will be set up this month with start-up capital of five billion won (4.4 million dollars), said the Ministry of Knowledge Economy.
http://afp.google.com/article/ALeqM5jIMyIj-iCZCL2caeBGB3YGmLyq2A
China Offers Chance to Cash in on Green Energy
The Street
But it's not just politicians and academics becoming involved with the issue. The global capital markets capital-markets are having their say. Peony Capital Ltd., a €400 million ($590 million) Beijing-based carbon trading fund backed by Microsoft (MSFT Quote - Cramer on MSFT - Stock Picks) founder Bill Gates, said in August that it would buy 10 million tons of emission reductions by 2012 from projects in China.
http://www.thestreet.com/story/10404877/1/china-offers-chance-to-cash-in-on-green-energy.html?puc=googlen&cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA
Cambodia pioneering world's first carbon trading cooperative
Anne-Laure Porée - The Phnom Penh Post
With the global carbon trade booming, environmental projects in developing countries have joined forces to finance their poverty reduction efforts by selling carbon credits collectively
http://www.phnompenhpost.com/index.php/2008091621686/National-news/Cambodia-pioneering-world-s-first-carbon-trading-cooperative.html
Cleaning up an engine’s act
Gregory M. Lamb - The Christian Science Monitor
The humble two-stroke gasoline engine has done yeoman work for well over a century. The noisy beasts, invented by Sir Dougald Clerk in 1876, are reliable, easy to maintain, and powerful for their size. But they have a dirty secret.
http://features.csmonitor.com/environment/2008/09/16/cleaning-up-an-engine%E2%80%99s-act/
Other
Carbon markets make it to B-school curriculum
Business Standard
Guest faculty from JP Morgan, PricewaterhouseCoopers, CantorCo2e, SELCO-INDIA, Gujarat Urban Development Mission and University of California will be invited for the course. PR Shukla, course coordinator and IIM-A professor, says: “Carbon finance is an emerging area and the course adds depth to the existing courses on environment management.” B-schools are taking initiatives to provide students with an understanding of the changing relationship between business and environmental management.
http://www.business-standard.com/india/storypage.php?autono=334497
Air NZ test flight saves fuel
Carbon Positive
Air New Zealand has cut fuel usage by 4 per cent and greenhouse gas emissions by 3 per cent on a trial flight across the Pacific Ocean aimed at testing new flight procedures to maximise fuel efficiency.
http://www.carbonpositive.net/viewarticle.aspx?articleID=1236
Reports
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Biofuels for transportation: a climate perspective (posted June 30, 2008)
As the United States seeks to reduce greenhouse gas (GHG) emissions from motor vehicles and to lessen its dependence on imported oil, biofuels are gaining increasing attention as one possible solution. This paper offers an introduction to the current state of play for biofuels: the technologies used in their production, their GHG emissions, and associated policy issues.
http://www.pewclimate.org/docUploads/BiofuelsFINAL.pdf
The Matrix: Mapping Ecosystem Service Markets (posted June 30, 2008)
Nathaniel Carroll & Michael Jenkins - Ecosystem Marketplace
The once-radical concept of saving the environment by documenting the economic value of environmental services and then getting industry to pay is finally catching on – but how is one to keep track of all the new methodologies and concepts? The Ecosystem Marketplace presents The Matrix, a new tool for surveying the ecosystem services landscape.
http://ecosystemmarketplace.com/documents/cms_documents/PES_Matrix_Profiles_PROFOR.pdf
Breaking The Climate Deadlock: A Global Deal for Our Low-Carbon Future (posted June 29, 2008)
Tony Blair and Climate Group
There is now virtually overwhelming evidence about climate change and its consequences; there remain uncertainties, but the risks of negative and irreversible consequences are clearly high.
http://tonyblairoffice.org/AGlobalDealforOurLowCarbonFuture.pdf
The economic opportunities arising from emissions trading: The major cost of delay (posted June 24, 2008)
New Zealand Business Council for Sustainable Development
to brief New Zealand Members of Parliament.
http://www.nzbcsd.org.nz/_attachments/ETS%5FOPPORTUNITIES%5FAND%5FCOST%5FOF%5FDELAY%5FREPORT%5FHR%5FFINAL%5FJUNE%5F20081%2Epdf
Principles for Responsible Investment (posted June 19, 2008)
PRI Report on Progress 2008
http://www.unpri.org/files/2008PRI_Report_on_Progress.pdf
Benefit Analysis: Use of Aluminum Structures in Conjunction with Alternative Powertrain Technologies in Automobiles
– (posted June 18, 2008)
http://www.autoaluminum.org/downloads/IBIS-Powertrain-Study.pdf
Emissions Markets: Cap & Trade
What Factors Can Make Cap & Trade Successful? (posted June 12, 2008)
APX
An APX whitepaper that explores the central points in the cap and trade discussion, reviews its track record as an environmental policy mechanism - both where it has stumbled and where it has succeeded beyond expectations - and identifies six critical factors for ensuring the success of cap and trade systems.
http://www.apx.com/environmental/emissions-cap-and-trade.asp?ad=APX
CORRECTING THE WORLD’S GREATEST MARKET FAILURE: Climate Change and the Multilateral Development Banks (posted June 12, 2008)
World Resources Institute
http://pdf.wri.org/correcting_the_worlds_greatest_market_failure.pdf
BP Statistical Review of World Energy (posted June 11, 2008)
June 2008
http://www.bp.com/liveassets/bp_internet/globalbp/globalbp_uk_english/reports_and_publications/statistical_energy_review_2008/STAGING/local_assets/downloads/pdf/statistical_review_of_world_energy_full_review_2008.pdf
Summary of the Boxer Substitute Amendment To the Lieberman-Warner Climate Security Act (posted June 2, 2008)
Pew Center on Global Climate Change
This document summarizes the version of the Lieberman-Warner Climate Security Act of 2008 that is scheduled to be debated by the United States Senate the week of June 2, 2008. The Act, if enacted into law, would establish a market-based cap-and-trade program for greenhouse gas (GHG) emissions in the United States, and establish other measures to reduce GHG emissions. This summary has been prepared by the Pew Center on Global Climate Change.
http://www.pewclimate.org/docUploads/PewCenter-B-L-W-summary.pdf
MIT's Ellerman discusses new report on Europe's emissions trading scheme - (posted May 19, 2008)
http://www.eenews.net/tv/rss/2008/05/19/
The European Union Emissions Trading System in Perspective (posted May 8, 2008)
Pew Center on Global Climate Change
http://www.pewclimate.org/docUploads/EU-ETS-In-Perspective-Report.pdf
State and Trends of the Carbon Market 2008” report from the World Bank (posted May 7, 2008)
http://siteresources.worldbank.org/NEWS/Resources/State&Trendsformatted06May10pm.pdf
Trends in Global Noise and Emissions from Commercial Aviation for 2000 through 2025 (posted May 7, 2008)
http://www.aef.org.uk/?p=245
(Click on link to Word document at the bottom of page)
NORD POOL ANNUAL REPORT 2007 (posted May 7, 2008)
http://www.nordpool.com/information/publications/annualreport/Nordpool_arsrapport07_ENG.pdf
Events
International Corporate Social Responsibility Conference
29-31 July 2008, Kuala Lumpur, Malaysia
This conference is a platform for Malaysian companies, fund managers, and international CSR organizations to exchange ideas. Keynote speakers include Soren Petersen, Global Compact, Nelmara Arbex, Global Reporting Initiative, and James Gifford, United Nations Principles for Responsible Investment.
http://www.csrconferences.com/programme/main.html
AETS Green Paper Analysis - Online
10 a.m., August 5, 2008
2hrs Cost: $291.50AU (inc. GST)
A Detailed Analysis of the Government's Green Paper on the AETS
ACX managing director, Tim Hanlin, will give a detailed analysis of the recently released Green Paper regarding the Australian Emissions Trading Scheme & how it may affect you.
http://www.climateexchange.com.au/acxadmin/ContentFiles/PDF/Green_Paper_reg.pdf
COPENMIND 2008 Exhibition & Conference
September 1 -3, 2008, Copenhagen
COPENMIND Conference covers three days of presentations, seminars and workshops on the COPENMIND 2008 topic of cleantech. The aim is to encourage best practice sharing, technology transfer and the creation of new research partnerships between science and business. Sessions can be attended and hosted by interested university and industry delegates.
http://www.copenmind.com/
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
Cleantech Forum® XVIII
September 15-17, 2008, Washington, DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
__________________________________________________________________________________________________________
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Tuesday, September 16. 2008
Environmental Markets Newsletter, September 16, 2008
Lead Stories
Carbon markets to be left "more or less unscathed" by financial turmoil
Business Green
As price of carbon slips in wake of Wall Street crisis, experts insist carbon credits could prove safe long-term bet for nervous investors
http://www.businessgreen.com/business-green/news/2226196/carbon-markets-left-less
Comments on BP's Investment on Renewable Energy Base in Pixian, China
Xinhua
Tootoo.com has learned from the Investment Promotion Bureau Pixian county, China that British Petroleum (BP) China Investment Company has officially signed an agreement with Pixian County, Chengdu, China, on building a renewable energy production base (http://www.new-energy-supply.com/) in a modern industrial port in the South Area of Chengdu that uses crop stalks to product fuel particles.
http://www.cnbc.com/id/26737307/for/cnbc
Credit crunch to hit climate fight
Carbon Positive
Greenhouse emissions reduction projects and the renewable energy sector are forecast to suffer in the fallout from in the latest round of global credit turmoil following the collapse of US investment bank Lehman Brothers. But there are signs of optimism in the assessment by some that at least these sectors stand to fare better than others in the competition for increasingly tight investment capital.
http://www.carbonpositive.net/viewarticle.aspx?articleID=1237
China to become world's largest investor in green energy
Telegraph
China is on the verge of becoming the world's largest investor in green energy as it struggles to reverse the catastrophic effect its industry has wreaked on the environment. Last year, China spent £6 billion on renewable energy projects, just slightly short of Germany, the world leader. This year, the Communist Party has vowed to redouble its efforts.
http://www.telegraph.co.uk/earth/main.jhtml?xml=/earth/2008/09/16/eachina116.xml
Low carbon economy
Economic Strategy
Three of the world's largest polluters — the US, China and India — still don’t see climate change as an economic opportunity. And China’s and India’s emissions are growing at 11 per cent and 6 per cent a year, as opposed to US’s 1.7 per cent, and India will cross Russia by 2015.
http://economicstrategy.blogspot.com/2008/09/low-carbon-economy.html
Carbon regulation could hit 1 million U.S. firms: study
Environmental News Network
In a report to be released on Tuesday, the pro-business organization projected such regulation would affect more than 1 million U.S. businesses and create such a regulatory backlog that it could stall economic development.
http://www.enn.com/business/article/38193
São Paulo to invest $63 million on climate research
Environmental News Network
The State of São Paulo Research Foundation (FAPESP) has announced a new US$63 million investment initiative for research on global climate change and its impact on Brazil.
http://www.enn.com/business/article/38203
States Aim to Cut Gases by Making Polluters Pay
NY Times
Ten states from Maryland to Maine are about to undertake the nation’s most serious effort yet to tackle climate change, putting limits on carbon dioxide emissions from utilities and making them pay for each ton of pollutants. The states will set their own limits, with each issuing tradable permits, or allowances, for carbon pollution. On Sept. 25, utilities will start bidding at auction for allowances, which they can later sell — mimicking the so-called cap-and-trade programs that effectively reduced acid rain in the 1990s.
http://www.nytimes.com/2008/09/16/us/16carbon.html?_r=1&ref=business&oref=slogin
First Solar’s Growth Story
Seeking Alpha
Amidst the Energy Policy debates, First Solar (FSLR) is another cleantech company worth watching. Founded in 1999 with the mission to provide an economic solution to the need for alternative energy sources, First Solar is now one of the fastest-growing solar module manufacturers in the world. First Solar is also the world’s largest manufacturer of thin-film solar modules, and in Q1’08 managed to achieve the lowest manufacturing cost per watt in the industry at $1.14/watt.
http://seekingalpha.com/article/95673-first-solars-growth-story?source=email
Solar Energy Is Up - But Wind Power Is Also Surging
Seeking Alpha
ChangeWave's latest survey of the alternative energy industry shows Solar has experienced the most rapid economic growth over the past 12 months - but Wind Power is also surging and has the most momentum going forward. The survey - which focused on industry trends and opportunities - was completed August 4, 2008, and a total of 196 respondents working in alternative energy sectors participated.
http://tinylink.com/?8lKG5ndFfX
Picken’s Clean Energy Fuels Links with Seattle Trash Collector
Earth2Tech
Clean Energy Fuels, the natural gas vehicle distributor founded by former oil baron T. Boone Pickens, has been on an acquisition and deal-making spree over the past few months. This morning it’s got another deal to build and operate a compressed natural gas station South of Seattle downtown that will supply fuel for 40 new garbage-hauling trucks for innovative trash collector CleanScapes.
http://tinylink.com/?w3xRXNlf8l
Carbon capture stations must not be delayed
Financial Times
In 2008 the world will use 50 per cent more oil, gas and coal than in 1980. Emissions from fossil fuels will be 30 per cent higher than in 1990 – the baseline for the Kyoto targets. The atmospheric concentration of carbon is now 387 parts per million – against 280ppm before the industrial revolution.
http://tinylink.com/?yUSMlP3X32
US
CCS only viable at $127 carbon price: BP
Point Carbon
A global price of carbon would need to rise to €90 ($127) a tonne for carbon capture and storage (CCS) technology to be financially viable, a senior executive with BP Alternative Energy told a conference on Monday.
http://www.pointcarbon.com/news/1.971882
Democrats promoting 'green jobs' as economic medicine
GreenWire (Subscription Site)
Democrats are promoting their energy and economic agenda with the promise it will yield a bounty of "green jobs" that they say would solve a wide range of problems and appeal to the broadest number of voting groups. What's a green job? Defined loosely, it is employment linked to renewable-power industries or the development of motor vehicles and technologies that reduce or eliminate the use of fossil fuels.
http://www.eenews.net/Greenwire/2008/09/16/1/
Bush burnout? Some see limited talent pool for key posts in McCain's administration
GreenWire (Site Subscription)
Dovetailing with the Obama campaign message, environmental groups also say a McCain administration would mirror President Bush's. "I have no doubt that there are oil lobbyists and energy company lobbyists who could step up and continue to drive America's energy policy if given the opportunity," said Cathy Duvall, national political director at the Sierra Club. But others see McCain turning to moderates for help. Among the names mentioned for administration posts are his campaign policy advisers on these issues, such as former CIA Director James Woolsey and Senate aide Floyd DesChamps. Some see McCain even picking a few environmentalists.
http://www.eenews.net/Greenwire/2008/09/16/2/
The search for a commonly accepted measure of your 'carbon footprint'
ClimateWire (subscription Site)
An emerging issue among private sector actors eager to reduce their carbon footprints, either voluntarily or ahead of anticipated government regulation, is how to standardize the process by which companies in the same business measure levels of emissions of greenhouse gases resulting from their activities. Companies have been taking independent audits for their emissions for some time, but few industry wide standards have emerged.
http://www.eenews.net/climatewire/2008/09/16/2
Newark relying on energy initiatives to bring jobs, revise image
GreenWire (Subscription Site)
It seems an almost impossible task: Transform a city legendary for blight, brownfields and crime into a model for energy efficiency, green spaces and environment-friendly urban design to rival Denver or Seattle. City leaders are trying to map a strategy for doing just that. With the aid of the Apollo Alliance, a nonprofit devoted to fostering renewable energy and green jobs nationwide, organizers of Newark's "Green Future Summit" have spent a year preparing city officials and community organizers.
http://www.eenews.net/Greenwire/2008/09/16/4
Alternative Energy Demands Generate Hot Career Opportunities
Green Savvy
“The 2008 economic forecast suggests that one of the newest, fastest growing markets for jobs will be alternative energy,” says Sheryl Decker, director of career services at Brown Mackie College – South Bend, Ind. Decker recently attended a business outlook panel presented by Indiana University’s Kelley School of Business. “Growth opportunities appear in companies that are exploring the use of wind, solar, geothermal, hydropower and bioenergy power technologies.”
http://green.savvy-cafe.com/alternative-energy-demands-generate-hot-career-opportunities-2008-09-15/
Get Rid of Coal and Use Trees Instead, Urges Hansen
Science & Technology
NASA climate scientist James Hansen and several colleagues have published an article in the latest issue of Global Biogeochemical Cycles making the case that curbing coal emissions alone could forestall a full-blown climate crisis. While they also recommend reducing the use of oil and gas, they estimate that phasing out coal, which has accounted for roughly 80% of emissions growth since the pre-industrial era (and still contributes a healthy slice), over the next few decades could prevent the planet from entering a prolonged period of climate change.
http://www.treehugger.com/files/2008/09/wood-not-coal.php
Green Recovery
Center for American Progress (Report on Green Jobs)
This report outlines a green economic recovery program to strengthen the U.S. economy over the next two years and leave it in a better position for sustainable prosperity. In the pages that follow, we detail how to expand job opportunities by stimulating economic growth, stabilizing the price of oil, and making significant strides toward fighting global warming and building a green, low-carbon economy.
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
U.S. Helps Chinese Coal Mines Find Ways to Reduce Greenhouse Gas Emissions
EPA
The U.S. Environmental Protection Agency (EPA) has committed more than $1 million to assess the economic and technical feasibility of recovering and using methane from coal mines in China. If methane recovery programs are implemented at all three project sites, up to 1.8 million metric tons of carbon dioxide equivalent could be reduced each year. That's equal to the annual emissions of up to 330,000 passenger vehicles.
http://yosemite.epa.gov/opa/admpress.nsf/0/8778f30a3b0eab89852574c600526ce2?OpenDocument
Canada
Finavera Renewables progresses on Canadian wind power proposals
Datamonitor
Finavera Renewables has announced that work is progressing as planned on the proposals for approximately 300MW of wind projects that the company intends to submit into the upcoming British Columbia Hydro Clean Power Call. The four projects are located in the Peace Region of northeast British Columbia (BC) and have several fundamental attributes that will contribute to their development into successful operating wind farms in close proximity to transmission lines.
http://www.tradingmarkets.com/.site/news/Stock%20News/1882179/
Europe
UK to miss 2020 renewable and emissions targets: report
Point Carbon (Subscription Site)
The UK is set to miss domestic renewable electricity and EU renewable energy and emission targets over the next 12 years, as fossil fuel power generation will remain an important source of electricity supply, according to a new report by consultants Cambridge Econometrics.
http://www.pointcarbon.com/news/1.972439
Spain to plant 45 million trees to boost carbon absorption
Point Carbon
The Spanish government is to plant 45 million trees to absorb 3.6 million tonnes of carbon dioxide, according to a plan announced last Friday by the environment, rural and maritime affairs ministry.
http://www.pointcarbon.com/news/1.971852
Peru to sell 3.7 million CERs from reforestation project
Point Carbon
Peru’s clean development mechanism (CDM) promotion agency is seeking buyers for as many as 3.7 million UN-backed carbon credits over 20 years from a reforestation project by 25 September.
http://www.pointcarbon.com/news/1.971771
MEPs want 25% ETS auctioning cash for adaptation fund
Point Carbon (Subscription Site)
A group of EU lawmakers today called for at least a quarter of all cash raised through auctioning of allowances in the third phase of the bloc’s emissions trading scheme to be used to help poor countries adapt to the effects of climate change.
http://www.pointcarbon.com/news/1.972430
Tees biomass industry wins backing from top
Evening Gazette
THE company behind a £400 million biomass plant on Teesside has welcomed a report which said the industry could contribute £75m a year to the regional economy and generate 2,000 jobs by 2015.
http://www.nebusiness.co.uk/business-news/latest-business-news/2008/09/15/tees-biomass-industry-wins-backing-from-top-51140-21819934/
UK businesses cut carbon by 2m tonnes in 2007: Carbon Trust
PointCarbon
The Carbon Trust, a UK government-funded programme, said today it helped businesses cut their carbon footprints by a total of about 2 million tonnes in 2007, up around a half million tonnes from the previous year.
http://www.pointcarbon.com/news/1.972309
Poland needs new proposals to change EU ETS: MEP
Point Carbon (Subscription Site)
Poland needs to come up with a different proposal to amend EU climate policy if it is to avoid the collapse of its economy, Polish MEP and former Prime Minister Jerzy Buzek told Point Carbon.
http://www.pointcarbon.com/news/1.972487
Woodside: Green papers will double Australia LNG costs
Energy Current
Woodside Petroleum Ltd. said introducing the Australian government's proposed green paper or carbon emissions trading scheme (ETS) will more than double the operating costs of a liquefied natural gas (LNG) project.
http://www.energycurrent.com/index.php?id=3&storyid=13126
Steel, aluminum needs aid in EU carbon plan -study
Thomson Financial
Parts of Europe's steel and aluminum industries are highly exposed to international competition and may need free allowances to emit carbon dioxide (CO2) after 2013, according to a preliminary EU analysis.
http://www.forbes.com/afxnewslimited/feeds/afx/2008/09/16/afx5432420.html
UK’s 50 Best Green Companies
Times Online
Times Online announces its list of the 50 best green companies in the UK, which includes companies that are improving their environmental performance in a joint effort by management and its workforce.
http://www.environmentalleader.com/2008/09/15/uks-50-best-green-companies/
International buyers target €12 New Zealand AAUs
PointCarbon
Buyers from Australia, Europe, Japan and the US are increasingly looking to pick up government-backed carbon credits from New Zealand at a price of around €12 – a 37 per cent discount on credits already issued by the UN.
http://www.pointcarbon.com/news/1.972224
Noumea Sets Renewable Energy Targets
Pacific Magazine
New Caledonia's government announced last week a new set of targets aimed in order to reduce its dependency on imported fuel and increase the production of renewable energy sources. In what it terms a "development plan" in terms of energy, the French Pacific territory is proposing to "ensure (energy) supply security" and "reduce energetic dependency" on imported fossil fuel while following a "sustainable development" policy. The move also follows a global trend of ever-increasing oil prices.
http://www.pacificmagazine.net/news/2008/09/16/noumea-sets-renewable-energy-targets
Asia
Quantum and Asola Announce Solar Expansion into Korea
PRNewswire-FirstCall
Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) today announced that its German solar photovoltaic partner, Asola has signed a Memorandum of Understanding to establish a joint venture manufacturing plant in South Korea, to enable production and distribution of high quality, German-designed solar modules in South Korea.
http://tinylink.com/?B8WhxeudT5
Other
Earth already committed to 2.4-dgree C rise from climate change
Mongabay
As of 2005 the Earth was already committed to rise of global mean temperatures by 2.4°C (4.3°F), concludes a new study published in the journal Proceedings of the National Academy of Sciences (PNAS).
http://news.mongabay.com/2008/0915-hance_co2.html
Gulf to launch cellulosic ethanol pre-processor by November
Energy Current
Gulf Ethanol Corp. expects to complete the initial testing and begin the design work on a full-scale cellulosic Biofuel feedstock pre-processing system by November.
http://www.energycurrent.com/index.php?id=3&storyid=13129
Antarctic Ozone Hole Appears Early, Growing
Reuters
The hole in the ozone layer over Antarctica has already surpassed its 2007 size this year, and is set to keep growing for another few weeks, the U.N. weather agency said on Tuesday.
http://www.enn.com/sci-tech/article/38195
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
Events
NEW
Get To Zero CO2 Event
• Friday, November 14th - Red Jacket Mountain View Resort (North Conway, NH)
• Monday, November 17th - Montpelier City Hall/Lost Nation Theater (Montpelier, VT)
This conference series focuses on upstream waste management and environmentally preferable purchasing practices. www.GetToZeroCO2.com
On November 14th and 17th the Director of Purchasing for Rutgers University, Dr. Kevin Lyons, will be coming to the North Country to give a 6-hour training workshop on greening the supply chain. Dr. Lyons is known as a global expert on this topic, and consults with companies like Wachovia Bank, Johnson & Johnson and Mars Candy. He also consults extensively on management of electronic waste. Dr. Lyons has been working in environmental supply chain management for decades, and we are very fortunate he's coming to teach us what he's learned. The workshop curriculum includes: Creating an effective Supply Chain Environmental Management/Environmentally Preferable Purchasing Policy, Cost Benefit Analysis/ROI Analysis, Waste and Landfill Management, Vendor/Supplier Participation, National/International Resources, eProcurement, and case studies.
• A number of other speakers will be presenting in addition to Dr. Lyons. They will be discussing local efforts to create a healthier community, such as a local public transportation project, and the owner of a local business that successfully manages their waste upstream.
• We will also be showing "Manufactured Landscapes", a movie that poetically demonstrates where much of our most toxic e-waste ends up: in huge piles in China. "Manufactured Landscapes" is often compared to "Who Killed the Electric Car" and "An Inconvenient Truth" in its ability to create a cultural understanding of the importance of upstream waste management and product lifecycle design.
Blue Sky Environmental Strategies' deliver this timely information to businesses, governmental entities, non-profits and the education sector. Please forward this email to anyone you think might be interested in exhibiting at, sponsoring or attending this event. For more information visit: Blue Sky.
International Corporate Social Responsibility Conference
29-31 July 2008, Kuala Lumpur, Malaysia
This conference is a platform for Malaysian companies, fund managers, and international CSR organizations to exchange ideas. Keynote speakers include Soren Petersen, Global Compact, Nelmara Arbex, Global Reporting Initiative, and James Gifford, United Nations Principles for Responsible Investment.
http://www.csrconferences.com/programme/main.html
AETS Green Paper Analysis - Online
10 a.m., August 5, 2008
2hrs Cost: $291.50AU (inc. GST)
A Detailed Analysis of the Government's Green Paper on the AETS
ACX managing director, Tim Hanlin, will give a detailed analysis of the recently released Green Paper regarding the Australian Emissions Trading Scheme & how it may affect you.
http://www.climateexchange.com.au/acxadmin/ContentFiles/PDF/Green_Paper_reg.pdf
COPENMIND 2008 Exhibition & Conference
September 1 -3, 2008, Copenhagen
COPENMIND Conference covers three days of presentations, seminars and workshops on the COPENMIND 2008 topic of cleantech. The aim is to encourage best practice sharing, technology transfer and the creation of new research partnerships between science and business. Sessions can be attended and hosted by interested university and industry delegates.
http://www.copenmind.com/
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
Cleantech Forum® XVIII
September 15-17, 2008, Washington, DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Reports
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Biofuels for transportation: a climate perspective (posted June 30, 2008)
As the United States seeks to reduce greenhouse gas (GHG) emissions from motor vehicles and to lessen its dependence on imported oil, biofuels are gaining increasing attention as one possible solution. This paper offers an introduction to the current state of play for biofuels: the technologies used in their production, their GHG emissions, and associated policy issues.
http://www.pewclimate.org/docUploads/BiofuelsFINAL.pdf
The Matrix: Mapping Ecosystem Service Markets (posted June 30, 2008)
Nathaniel Carroll & Michael Jenkins - Ecosystem Marketplace
The once-radical concept of saving the environment by documenting the economic value of environmental services and then getting industry to pay is finally catching on – but how is one to keep track of all the new methodologies and concepts? The Ecosystem Marketplace presents The Matrix, a new tool for surveying the ecosystem services landscape.
http://ecosystemmarketplace.com/documents/cms_documents/PES_Matrix_Profiles_PROFOR.pdf
Breaking The Climate Deadlock: A Global Deal for Our Low-Carbon Future (posted June 29, 2008)
Tony Blair and Climate Group
There is now virtually overwhelming evidence about climate change and its consequences; there remain uncertainties, but the risks of negative and irreversible consequences are clearly high.
http://tonyblairoffice.org/AGlobalDealforOurLowCarbonFuture.pdf
The economic opportunities arising from emissions trading: The major cost of delay (posted June 24, 2008)
New Zealand Business Council for Sustainable Development
to brief New Zealand Members of Parliament.
http://www.nzbcsd.org.nz/_attachments/ETS%5FOPPORTUNITIES%5FAND%5FCOST%5FOF%5FDELAY%5FREPORT%5FHR%5FFINAL%5FJUNE%5F20081%2Epdf
Principles for Responsible Investment (posted June 19, 2008)
PRI Report on Progress 2008
http://www.unpri.org/files/2008PRI_Report_on_Progress.pdf
Benefit Analysis: Use of Aluminum Structures in Conjunction with Alternative Powertrain Technologies in Automobiles
– (posted June 18, 2008)
http://www.autoaluminum.org/downloads/IBIS-Powertrain-Study.pdf
Emissions Markets: Cap & Trade
What Factors Can Make Cap & Trade Successful? (posted June 12, 2008)
APX
An APX whitepaper that explores the central points in the cap and trade discussion, reviews its track record as an environmental policy mechanism - both where it has stumbled and where it has succeeded beyond expectations - and identifies six critical factors for ensuring the success of cap and trade systems.
http://www.apx.com/environmental/emissions-cap-and-trade.asp?ad=APX
CORRECTING THE WORLD’S GREATEST MARKET FAILURE: Climate Change and the Multilateral Development Banks (posted June 12, 2008)
World Resources Institute
http://pdf.wri.org/correcting_the_worlds_greatest_market_failure.pdf
BP Statistical Review of World Energy (posted June 11, 2008)
June 2008
http://www.bp.com/liveassets/bp_internet/globalbp/globalbp_uk_english/reports_and_publications/statistical_energy_review_2008/STAGING/local_assets/downloads/pdf/statistical_review_of_world_energy_full_review_2008.pdf
Summary of the Boxer Substitute Amendment To the Lieberman-Warner Climate Security Act (posted June 2, 2008)
Pew Center on Global Climate Change
This document summarizes the version of the Lieberman-Warner Climate Security Act of 2008 that is scheduled to be debated by the United States Senate the week of June 2, 2008. The Act, if enacted into law, would establish a market-based cap-and-trade program for greenhouse gas (GHG) emissions in the United States, and establish other measures to reduce GHG emissions. This summary has been prepared by the Pew Center on Global Climate Change.
http://www.pewclimate.org/docUploads/PewCenter-B-L-W-summary.pdf
MIT's Ellerman discusses new report on Europe's emissions trading scheme - (posted May 19, 2008)
http://www.eenews.net/tv/rss/2008/05/19/
The European Union Emissions Trading System in Perspective (posted May 8, 2008)
Pew Center on Global Climate Change
http://www.pewclimate.org/docUploads/EU-ETS-In-Perspective-Report.pdf
State and Trends of the Carbon Market 2008” report from the World Bank (posted May 7, 2008)
http://siteresources.worldbank.org/NEWS/Resources/State&Trendsformatted06May10pm.pdf
Trends in Global Noise and Emissions from Commercial Aviation for 2000 through 2025 (posted May 7, 2008)
http://www.aef.org.uk/?p=245
(Click on link to Word document at the bottom of page)
NORD POOL ANNUAL REPORT 2007 (posted May 7, 2008)
http://www.nordpool.com/information/publications/annualreport/Nordpool_arsrapport07_ENG.pdf
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Carbon markets to be left "more or less unscathed" by financial turmoil
Business Green
As price of carbon slips in wake of Wall Street crisis, experts insist carbon credits could prove safe long-term bet for nervous investors
http://www.businessgreen.com/business-green/news/2226196/carbon-markets-left-less
Comments on BP's Investment on Renewable Energy Base in Pixian, China
Xinhua
Tootoo.com has learned from the Investment Promotion Bureau Pixian county, China that British Petroleum (BP) China Investment Company has officially signed an agreement with Pixian County, Chengdu, China, on building a renewable energy production base (http://www.new-energy-supply.com/) in a modern industrial port in the South Area of Chengdu that uses crop stalks to product fuel particles.
http://www.cnbc.com/id/26737307/for/cnbc
Credit crunch to hit climate fight
Carbon Positive
Greenhouse emissions reduction projects and the renewable energy sector are forecast to suffer in the fallout from in the latest round of global credit turmoil following the collapse of US investment bank Lehman Brothers. But there are signs of optimism in the assessment by some that at least these sectors stand to fare better than others in the competition for increasingly tight investment capital.
http://www.carbonpositive.net/viewarticle.aspx?articleID=1237
China to become world's largest investor in green energy
Telegraph
China is on the verge of becoming the world's largest investor in green energy as it struggles to reverse the catastrophic effect its industry has wreaked on the environment. Last year, China spent £6 billion on renewable energy projects, just slightly short of Germany, the world leader. This year, the Communist Party has vowed to redouble its efforts.
http://www.telegraph.co.uk/earth/main.jhtml?xml=/earth/2008/09/16/eachina116.xml
Low carbon economy
Economic Strategy
Three of the world's largest polluters — the US, China and India — still don’t see climate change as an economic opportunity. And China’s and India’s emissions are growing at 11 per cent and 6 per cent a year, as opposed to US’s 1.7 per cent, and India will cross Russia by 2015.
http://economicstrategy.blogspot.com/2008/09/low-carbon-economy.html
Carbon regulation could hit 1 million U.S. firms: study
Environmental News Network
In a report to be released on Tuesday, the pro-business organization projected such regulation would affect more than 1 million U.S. businesses and create such a regulatory backlog that it could stall economic development.
http://www.enn.com/business/article/38193
São Paulo to invest $63 million on climate research
Environmental News Network
The State of São Paulo Research Foundation (FAPESP) has announced a new US$63 million investment initiative for research on global climate change and its impact on Brazil.
http://www.enn.com/business/article/38203
States Aim to Cut Gases by Making Polluters Pay
NY Times
Ten states from Maryland to Maine are about to undertake the nation’s most serious effort yet to tackle climate change, putting limits on carbon dioxide emissions from utilities and making them pay for each ton of pollutants. The states will set their own limits, with each issuing tradable permits, or allowances, for carbon pollution. On Sept. 25, utilities will start bidding at auction for allowances, which they can later sell — mimicking the so-called cap-and-trade programs that effectively reduced acid rain in the 1990s.
http://www.nytimes.com/2008/09/16/us/16carbon.html?_r=1&ref=business&oref=slogin
First Solar’s Growth Story
Seeking Alpha
Amidst the Energy Policy debates, First Solar (FSLR) is another cleantech company worth watching. Founded in 1999 with the mission to provide an economic solution to the need for alternative energy sources, First Solar is now one of the fastest-growing solar module manufacturers in the world. First Solar is also the world’s largest manufacturer of thin-film solar modules, and in Q1’08 managed to achieve the lowest manufacturing cost per watt in the industry at $1.14/watt.
http://seekingalpha.com/article/95673-first-solars-growth-story?source=email
Solar Energy Is Up - But Wind Power Is Also Surging
Seeking Alpha
ChangeWave's latest survey of the alternative energy industry shows Solar has experienced the most rapid economic growth over the past 12 months - but Wind Power is also surging and has the most momentum going forward. The survey - which focused on industry trends and opportunities - was completed August 4, 2008, and a total of 196 respondents working in alternative energy sectors participated.
http://tinylink.com/?8lKG5ndFfX
Picken’s Clean Energy Fuels Links with Seattle Trash Collector
Earth2Tech
Clean Energy Fuels, the natural gas vehicle distributor founded by former oil baron T. Boone Pickens, has been on an acquisition and deal-making spree over the past few months. This morning it’s got another deal to build and operate a compressed natural gas station South of Seattle downtown that will supply fuel for 40 new garbage-hauling trucks for innovative trash collector CleanScapes.
http://tinylink.com/?w3xRXNlf8l
Carbon capture stations must not be delayed
Financial Times
In 2008 the world will use 50 per cent more oil, gas and coal than in 1980. Emissions from fossil fuels will be 30 per cent higher than in 1990 – the baseline for the Kyoto targets. The atmospheric concentration of carbon is now 387 parts per million – against 280ppm before the industrial revolution.
http://tinylink.com/?yUSMlP3X32
US
CCS only viable at $127 carbon price: BP
Point Carbon
A global price of carbon would need to rise to €90 ($127) a tonne for carbon capture and storage (CCS) technology to be financially viable, a senior executive with BP Alternative Energy told a conference on Monday.
http://www.pointcarbon.com/news/1.971882
Democrats promoting 'green jobs' as economic medicine
GreenWire (Subscription Site)
Democrats are promoting their energy and economic agenda with the promise it will yield a bounty of "green jobs" that they say would solve a wide range of problems and appeal to the broadest number of voting groups. What's a green job? Defined loosely, it is employment linked to renewable-power industries or the development of motor vehicles and technologies that reduce or eliminate the use of fossil fuels.
http://www.eenews.net/Greenwire/2008/09/16/1/
Bush burnout? Some see limited talent pool for key posts in McCain's administration
GreenWire (Site Subscription)
Dovetailing with the Obama campaign message, environmental groups also say a McCain administration would mirror President Bush's. "I have no doubt that there are oil lobbyists and energy company lobbyists who could step up and continue to drive America's energy policy if given the opportunity," said Cathy Duvall, national political director at the Sierra Club. But others see McCain turning to moderates for help. Among the names mentioned for administration posts are his campaign policy advisers on these issues, such as former CIA Director James Woolsey and Senate aide Floyd DesChamps. Some see McCain even picking a few environmentalists.
http://www.eenews.net/Greenwire/2008/09/16/2/
The search for a commonly accepted measure of your 'carbon footprint'
ClimateWire (subscription Site)
An emerging issue among private sector actors eager to reduce their carbon footprints, either voluntarily or ahead of anticipated government regulation, is how to standardize the process by which companies in the same business measure levels of emissions of greenhouse gases resulting from their activities. Companies have been taking independent audits for their emissions for some time, but few industry wide standards have emerged.
http://www.eenews.net/climatewire/2008/09/16/2
Newark relying on energy initiatives to bring jobs, revise image
GreenWire (Subscription Site)
It seems an almost impossible task: Transform a city legendary for blight, brownfields and crime into a model for energy efficiency, green spaces and environment-friendly urban design to rival Denver or Seattle. City leaders are trying to map a strategy for doing just that. With the aid of the Apollo Alliance, a nonprofit devoted to fostering renewable energy and green jobs nationwide, organizers of Newark's "Green Future Summit" have spent a year preparing city officials and community organizers.
http://www.eenews.net/Greenwire/2008/09/16/4
Alternative Energy Demands Generate Hot Career Opportunities
Green Savvy
“The 2008 economic forecast suggests that one of the newest, fastest growing markets for jobs will be alternative energy,” says Sheryl Decker, director of career services at Brown Mackie College – South Bend, Ind. Decker recently attended a business outlook panel presented by Indiana University’s Kelley School of Business. “Growth opportunities appear in companies that are exploring the use of wind, solar, geothermal, hydropower and bioenergy power technologies.”
http://green.savvy-cafe.com/alternative-energy-demands-generate-hot-career-opportunities-2008-09-15/
Get Rid of Coal and Use Trees Instead, Urges Hansen
Science & Technology
NASA climate scientist James Hansen and several colleagues have published an article in the latest issue of Global Biogeochemical Cycles making the case that curbing coal emissions alone could forestall a full-blown climate crisis. While they also recommend reducing the use of oil and gas, they estimate that phasing out coal, which has accounted for roughly 80% of emissions growth since the pre-industrial era (and still contributes a healthy slice), over the next few decades could prevent the planet from entering a prolonged period of climate change.
http://www.treehugger.com/files/2008/09/wood-not-coal.php
Green Recovery
Center for American Progress (Report on Green Jobs)
This report outlines a green economic recovery program to strengthen the U.S. economy over the next two years and leave it in a better position for sustainable prosperity. In the pages that follow, we detail how to expand job opportunities by stimulating economic growth, stabilizing the price of oil, and making significant strides toward fighting global warming and building a green, low-carbon economy.
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
U.S. Helps Chinese Coal Mines Find Ways to Reduce Greenhouse Gas Emissions
EPA
The U.S. Environmental Protection Agency (EPA) has committed more than $1 million to assess the economic and technical feasibility of recovering and using methane from coal mines in China. If methane recovery programs are implemented at all three project sites, up to 1.8 million metric tons of carbon dioxide equivalent could be reduced each year. That's equal to the annual emissions of up to 330,000 passenger vehicles.
http://yosemite.epa.gov/opa/admpress.nsf/0/8778f30a3b0eab89852574c600526ce2?OpenDocument
Canada
Finavera Renewables progresses on Canadian wind power proposals
Datamonitor
Finavera Renewables has announced that work is progressing as planned on the proposals for approximately 300MW of wind projects that the company intends to submit into the upcoming British Columbia Hydro Clean Power Call. The four projects are located in the Peace Region of northeast British Columbia (BC) and have several fundamental attributes that will contribute to their development into successful operating wind farms in close proximity to transmission lines.
http://www.tradingmarkets.com/.site/news/Stock%20News/1882179/
Europe
UK to miss 2020 renewable and emissions targets: report
Point Carbon (Subscription Site)
The UK is set to miss domestic renewable electricity and EU renewable energy and emission targets over the next 12 years, as fossil fuel power generation will remain an important source of electricity supply, according to a new report by consultants Cambridge Econometrics.
http://www.pointcarbon.com/news/1.972439
Spain to plant 45 million trees to boost carbon absorption
Point Carbon
The Spanish government is to plant 45 million trees to absorb 3.6 million tonnes of carbon dioxide, according to a plan announced last Friday by the environment, rural and maritime affairs ministry.
http://www.pointcarbon.com/news/1.971852
Peru to sell 3.7 million CERs from reforestation project
Point Carbon
Peru’s clean development mechanism (CDM) promotion agency is seeking buyers for as many as 3.7 million UN-backed carbon credits over 20 years from a reforestation project by 25 September.
http://www.pointcarbon.com/news/1.971771
MEPs want 25% ETS auctioning cash for adaptation fund
Point Carbon (Subscription Site)
A group of EU lawmakers today called for at least a quarter of all cash raised through auctioning of allowances in the third phase of the bloc’s emissions trading scheme to be used to help poor countries adapt to the effects of climate change.
http://www.pointcarbon.com/news/1.972430
Tees biomass industry wins backing from top
Evening Gazette
THE company behind a £400 million biomass plant on Teesside has welcomed a report which said the industry could contribute £75m a year to the regional economy and generate 2,000 jobs by 2015.
http://www.nebusiness.co.uk/business-news/latest-business-news/2008/09/15/tees-biomass-industry-wins-backing-from-top-51140-21819934/
UK businesses cut carbon by 2m tonnes in 2007: Carbon Trust
PointCarbon
The Carbon Trust, a UK government-funded programme, said today it helped businesses cut their carbon footprints by a total of about 2 million tonnes in 2007, up around a half million tonnes from the previous year.
http://www.pointcarbon.com/news/1.972309
Poland needs new proposals to change EU ETS: MEP
Point Carbon (Subscription Site)
Poland needs to come up with a different proposal to amend EU climate policy if it is to avoid the collapse of its economy, Polish MEP and former Prime Minister Jerzy Buzek told Point Carbon.
http://www.pointcarbon.com/news/1.972487
Woodside: Green papers will double Australia LNG costs
Energy Current
Woodside Petroleum Ltd. said introducing the Australian government's proposed green paper or carbon emissions trading scheme (ETS) will more than double the operating costs of a liquefied natural gas (LNG) project.
http://www.energycurrent.com/index.php?id=3&storyid=13126
Steel, aluminum needs aid in EU carbon plan -study
Thomson Financial
Parts of Europe's steel and aluminum industries are highly exposed to international competition and may need free allowances to emit carbon dioxide (CO2) after 2013, according to a preliminary EU analysis.
http://www.forbes.com/afxnewslimited/feeds/afx/2008/09/16/afx5432420.html
UK’s 50 Best Green Companies
Times Online
Times Online announces its list of the 50 best green companies in the UK, which includes companies that are improving their environmental performance in a joint effort by management and its workforce.
http://www.environmentalleader.com/2008/09/15/uks-50-best-green-companies/
International buyers target €12 New Zealand AAUs
PointCarbon
Buyers from Australia, Europe, Japan and the US are increasingly looking to pick up government-backed carbon credits from New Zealand at a price of around €12 – a 37 per cent discount on credits already issued by the UN.
http://www.pointcarbon.com/news/1.972224
Noumea Sets Renewable Energy Targets
Pacific Magazine
New Caledonia's government announced last week a new set of targets aimed in order to reduce its dependency on imported fuel and increase the production of renewable energy sources. In what it terms a "development plan" in terms of energy, the French Pacific territory is proposing to "ensure (energy) supply security" and "reduce energetic dependency" on imported fossil fuel while following a "sustainable development" policy. The move also follows a global trend of ever-increasing oil prices.
http://www.pacificmagazine.net/news/2008/09/16/noumea-sets-renewable-energy-targets
Asia
Quantum and Asola Announce Solar Expansion into Korea
PRNewswire-FirstCall
Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) today announced that its German solar photovoltaic partner, Asola has signed a Memorandum of Understanding to establish a joint venture manufacturing plant in South Korea, to enable production and distribution of high quality, German-designed solar modules in South Korea.
http://tinylink.com/?B8WhxeudT5
Other
Earth already committed to 2.4-dgree C rise from climate change
Mongabay
As of 2005 the Earth was already committed to rise of global mean temperatures by 2.4°C (4.3°F), concludes a new study published in the journal Proceedings of the National Academy of Sciences (PNAS).
http://news.mongabay.com/2008/0915-hance_co2.html
Gulf to launch cellulosic ethanol pre-processor by November
Energy Current
Gulf Ethanol Corp. expects to complete the initial testing and begin the design work on a full-scale cellulosic Biofuel feedstock pre-processing system by November.
http://www.energycurrent.com/index.php?id=3&storyid=13129
Antarctic Ozone Hole Appears Early, Growing
Reuters
The hole in the ozone layer over Antarctica has already surpassed its 2007 size this year, and is set to keep growing for another few weeks, the U.N. weather agency said on Tuesday.
http://www.enn.com/sci-tech/article/38195
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
Events
NEW
Get To Zero CO2 Event
• Friday, November 14th - Red Jacket Mountain View Resort (North Conway, NH)
• Monday, November 17th - Montpelier City Hall/Lost Nation Theater (Montpelier, VT)
This conference series focuses on upstream waste management and environmentally preferable purchasing practices. www.GetToZeroCO2.com
On November 14th and 17th the Director of Purchasing for Rutgers University, Dr. Kevin Lyons, will be coming to the North Country to give a 6-hour training workshop on greening the supply chain. Dr. Lyons is known as a global expert on this topic, and consults with companies like Wachovia Bank, Johnson & Johnson and Mars Candy. He also consults extensively on management of electronic waste. Dr. Lyons has been working in environmental supply chain management for decades, and we are very fortunate he's coming to teach us what he's learned. The workshop curriculum includes: Creating an effective Supply Chain Environmental Management/Environmentally Preferable Purchasing Policy, Cost Benefit Analysis/ROI Analysis, Waste and Landfill Management, Vendor/Supplier Participation, National/International Resources, eProcurement, and case studies.
• A number of other speakers will be presenting in addition to Dr. Lyons. They will be discussing local efforts to create a healthier community, such as a local public transportation project, and the owner of a local business that successfully manages their waste upstream.
• We will also be showing "Manufactured Landscapes", a movie that poetically demonstrates where much of our most toxic e-waste ends up: in huge piles in China. "Manufactured Landscapes" is often compared to "Who Killed the Electric Car" and "An Inconvenient Truth" in its ability to create a cultural understanding of the importance of upstream waste management and product lifecycle design.
Blue Sky Environmental Strategies' deliver this timely information to businesses, governmental entities, non-profits and the education sector. Please forward this email to anyone you think might be interested in exhibiting at, sponsoring or attending this event. For more information visit: Blue Sky.
International Corporate Social Responsibility Conference
29-31 July 2008, Kuala Lumpur, Malaysia
This conference is a platform for Malaysian companies, fund managers, and international CSR organizations to exchange ideas. Keynote speakers include Soren Petersen, Global Compact, Nelmara Arbex, Global Reporting Initiative, and James Gifford, United Nations Principles for Responsible Investment.
http://www.csrconferences.com/programme/main.html
AETS Green Paper Analysis - Online
10 a.m., August 5, 2008
2hrs Cost: $291.50AU (inc. GST)
A Detailed Analysis of the Government's Green Paper on the AETS
ACX managing director, Tim Hanlin, will give a detailed analysis of the recently released Green Paper regarding the Australian Emissions Trading Scheme & how it may affect you.
http://www.climateexchange.com.au/acxadmin/ContentFiles/PDF/Green_Paper_reg.pdf
COPENMIND 2008 Exhibition & Conference
September 1 -3, 2008, Copenhagen
COPENMIND Conference covers three days of presentations, seminars and workshops on the COPENMIND 2008 topic of cleantech. The aim is to encourage best practice sharing, technology transfer and the creation of new research partnerships between science and business. Sessions can be attended and hosted by interested university and industry delegates.
http://www.copenmind.com/
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
Cleantech Forum® XVIII
September 15-17, 2008, Washington, DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Reports
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Biofuels for transportation: a climate perspective (posted June 30, 2008)
As the United States seeks to reduce greenhouse gas (GHG) emissions from motor vehicles and to lessen its dependence on imported oil, biofuels are gaining increasing attention as one possible solution. This paper offers an introduction to the current state of play for biofuels: the technologies used in their production, their GHG emissions, and associated policy issues.
http://www.pewclimate.org/docUploads/BiofuelsFINAL.pdf
The Matrix: Mapping Ecosystem Service Markets (posted June 30, 2008)
Nathaniel Carroll & Michael Jenkins - Ecosystem Marketplace
The once-radical concept of saving the environment by documenting the economic value of environmental services and then getting industry to pay is finally catching on – but how is one to keep track of all the new methodologies and concepts? The Ecosystem Marketplace presents The Matrix, a new tool for surveying the ecosystem services landscape.
http://ecosystemmarketplace.com/documents/cms_documents/PES_Matrix_Profiles_PROFOR.pdf
Breaking The Climate Deadlock: A Global Deal for Our Low-Carbon Future (posted June 29, 2008)
Tony Blair and Climate Group
There is now virtually overwhelming evidence about climate change and its consequences; there remain uncertainties, but the risks of negative and irreversible consequences are clearly high.
http://tonyblairoffice.org/AGlobalDealforOurLowCarbonFuture.pdf
The economic opportunities arising from emissions trading: The major cost of delay (posted June 24, 2008)
New Zealand Business Council for Sustainable Development
to brief New Zealand Members of Parliament.
http://www.nzbcsd.org.nz/_attachments/ETS%5FOPPORTUNITIES%5FAND%5FCOST%5FOF%5FDELAY%5FREPORT%5FHR%5FFINAL%5FJUNE%5F20081%2Epdf
Principles for Responsible Investment (posted June 19, 2008)
PRI Report on Progress 2008
http://www.unpri.org/files/2008PRI_Report_on_Progress.pdf
Benefit Analysis: Use of Aluminum Structures in Conjunction with Alternative Powertrain Technologies in Automobiles
– (posted June 18, 2008)
http://www.autoaluminum.org/downloads/IBIS-Powertrain-Study.pdf
Emissions Markets: Cap & Trade
What Factors Can Make Cap & Trade Successful? (posted June 12, 2008)
APX
An APX whitepaper that explores the central points in the cap and trade discussion, reviews its track record as an environmental policy mechanism - both where it has stumbled and where it has succeeded beyond expectations - and identifies six critical factors for ensuring the success of cap and trade systems.
http://www.apx.com/environmental/emissions-cap-and-trade.asp?ad=APX
CORRECTING THE WORLD’S GREATEST MARKET FAILURE: Climate Change and the Multilateral Development Banks (posted June 12, 2008)
World Resources Institute
http://pdf.wri.org/correcting_the_worlds_greatest_market_failure.pdf
BP Statistical Review of World Energy (posted June 11, 2008)
June 2008
http://www.bp.com/liveassets/bp_internet/globalbp/globalbp_uk_english/reports_and_publications/statistical_energy_review_2008/STAGING/local_assets/downloads/pdf/statistical_review_of_world_energy_full_review_2008.pdf
Summary of the Boxer Substitute Amendment To the Lieberman-Warner Climate Security Act (posted June 2, 2008)
Pew Center on Global Climate Change
This document summarizes the version of the Lieberman-Warner Climate Security Act of 2008 that is scheduled to be debated by the United States Senate the week of June 2, 2008. The Act, if enacted into law, would establish a market-based cap-and-trade program for greenhouse gas (GHG) emissions in the United States, and establish other measures to reduce GHG emissions. This summary has been prepared by the Pew Center on Global Climate Change.
http://www.pewclimate.org/docUploads/PewCenter-B-L-W-summary.pdf
MIT's Ellerman discusses new report on Europe's emissions trading scheme - (posted May 19, 2008)
http://www.eenews.net/tv/rss/2008/05/19/
The European Union Emissions Trading System in Perspective (posted May 8, 2008)
Pew Center on Global Climate Change
http://www.pewclimate.org/docUploads/EU-ETS-In-Perspective-Report.pdf
State and Trends of the Carbon Market 2008” report from the World Bank (posted May 7, 2008)
http://siteresources.worldbank.org/NEWS/Resources/State&Trendsformatted06May10pm.pdf
Trends in Global Noise and Emissions from Commercial Aviation for 2000 through 2025 (posted May 7, 2008)
http://www.aef.org.uk/?p=245
(Click on link to Word document at the bottom of page)
NORD POOL ANNUAL REPORT 2007 (posted May 7, 2008)
http://www.nordpool.com/information/publications/annualreport/Nordpool_arsrapport07_ENG.pdf
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Monday, September 15. 2008
Environmental Markets Newsletter-Monday, September 15th, 2008
Lead Stories
Environment exchanges waiting for trading
China Daily
On August 5, two environment and energy exchanges opened almost simultaneously in Beijing and Shanghai, the first of their kind in China. Obviously no one wants to fall behind the starting line. Both of the exchanges want to secure a leading position in a nascent market in China: trading environmental equities.
http://www.chinadaily.com.cn/bizchina/2008-09/15/content_7027955.htm
Making money from trading emissions
China Daily
China has 260 CDM projects registered with the UN, accounting for about 23 percent of the program's projects. The Chinese projects are expected to reduce about 114 million tons of CO2 emissions annually, accounting for more than 50 percent worldwide in terms of emissions reduction under the mechanism.
http://www.chinadaily.com.cn/bizchina/2008-09/15/content_7027918.htm
Rangel to prep House tax panel for next year's global warming debate
E & E Daily (Subscription Site)
Lawmakers with direct control over U.S. tax policy have flirted with the climate change issue over the last two years but have largely avoided the types of in-depth debate seen on other parts of Capitol Hill. But looking toward 2009, Chairman Charles Rangel (D-N.Y.) plans a much larger role as Congress gets serious about drafting climate legislation with a new administration that is likely to be far more serious on the subject compared with President Bush.
http://www.eenews.net/EEDaily/2008/09/15/3/
Fortune 50 Lacks Transparency in Web-Based Environmental Reporting
GreenBiz.com
The majority of Fortune 50 corporations use the Internet to disclose some information on their environmental performance but most are missing opportunities to involve stakeholders, tap the interactive potential of the web, and provide transparency in their reporting, new research suggests.
http://www.greenbiz.com/news/2008/09/15/fortune-50-lacks-transparency-web-environmental-reporting
Canada's emerging hub powers U.S. Northeast
GreenWire (Subscription Required)
Some $16 billion in energy projects in Greater Saint John, New Brunswick, are either proposed or under way -- and most are being built to supply the power-hungry northeastern United States.
http://www.eenews.net/Greenwire/2008/09/15/9/
Calif. agencies set out emissions rules for power sector
ClimateWire (Subscription Site)
California's electricity sector should receive the majority of greenhouse gas permits for free at the outset of a statewide cap-and-trade program, but electricity providers will quickly ramp up to paying for their emission permits, state agencies proposed last week. As part of the planning process for California's global warming law, A.B. 32, the Energy Commission and the Public Utilities Commission outlined their recommendations for emissions controls on the electricity sector, which is expected to be be responsible for about 40 percent of the total emissions-reduction burden through 2020, or about 145 million metric tons.
http://www.eenews.net/climatewire/2008/09/15/2/
APX Announces Industry Expert Lars Kvale to Join Its Team
APX-Press Release
Mr. Kvale will be focused on strategic program management and will assist the Company with the continued development of its environmental services business, with an emphasis on the renewable energy and greenhouse gas markets.
http://www.centredaily.com/business/story/839759.html
China mulls green tax to curb pollution: report
Environmental News Network
China is studying whether to impose an environmental tax on polluters to cut their emissions, the official China Daily reported on Saturday.
http://www.enn.com/pollution/article/38182
Big Coal vs. Renewable, Cleaner Energy
Environmental News Network
The federal government is in bed with the coal industry. A prime example is the $2 million spent in advertising at both the Democratic and Republican conventions by the American Coalition for Clean Coal Electricity (ACCCE). Founded this year, the ACCCE combined the Center for Energy and Economic Development and Americans for Balanced Energy Choices. Already the ACCCE has spent $4.7 million on lobbying, according to a Center for Public Integrity analysis.
http://www.enn.com/energy/article/38180
When Will Solar Be Cost-Competitive?
Greentech Media
Solar power is becoming more competitive with electricity as solar prices fall and electricity prices rise, a Greentech Media analyst said at a conference Monday. Electricity is most expensive when demand is highest, while the sun shines most during the afternoons, which is a time of peak demand.
http://www.greentechmedia.com/articles/when-will-solar-be-cost-competitive-1410.html
Lehman Brothers Shuts Carbon Trading Desk
Reuters
Lehman Brothers shut down its carbon emissions trading desk after the bank filed for bankruptcy protection, a source close to the company told Reuters on Monday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50239/story.htm
Obama, McCain support stronger U.S.-China co-op
Xinhua
In articles written for a U.S. business magazine, both Democratic presidential nominee Barack Obama and his Republican opponent John McCain have advocated stronger U.S. -China cooperation in trade, global warming, nonproliferation and other issues.
http://news.xinhuanet.com/english/2008-09/15/content_10007738.htm
Mighty Wind: How Long Will Economics Work in Favor of Clean Energy?
WSJ: Environmental Capital
Most of the renewable-energy business is busy fretting about the extension of federal tax credits, which expire at the end of this year. But the real story, it seems, is how clean energy’s biggest historical handicap is coming to be seen as one of its biggest selling points: its predictable cost.
http://blogs.wsj.com/environmentalcapital/2008/09/15/mighty-wind-how-long-will-economics-work-in-favor-of-clean-energy/
Credit Crisis Hurting Clean Energy Sector - Bankers
Reuters
The renewable energy sector will see a 21 billion euro (US$29.43 billion) shortfall in debt finance by 2020, following the credit crisis and a brake on lending, a senior banker said on Monday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50242/story.htm
US
Weekly Climate Change Policy Update - September 15, 2008
VanNess Feldman
Just when you thought federal climate change legislation might be done for the year, it now appears that House Energy & Commerce Committee Chairman John Dingell (D-MI) and Subcommittee on and Energy and Air Quality Chairman Rick Boucher (D-VA) may release a “discussion draft” outlining a detailed legislative program.
http://www.vnf.com/news-alerts-287.html
JohnsonDiversey to Invest Millions to Cut Carbon Footprint
GreenBiz.com
JohnsonDiversey plans to spend $19 million to reduce its carbon emissions 8 percent during the next five years. The company expects a handsome return on its investment: $31 million. That's the amount it will save in reduce energy costs under a pledge to the World Wildlife Fund's Climate Savers program.
http://www.greenbiz.com/news/2008/09/15/johnsondiversey-invest-millions-cut-carbon-footprint
Funding Roundup: Investors Go for Thin Solar and Hybrid-Electric Cars
Greentech Media
Fisker Automotive and Think Global both get new capital to boost production. SoloPower reportedly has raised nearly $200 million, reflecting investors' strong interest in thin-film solar.
http://www.greentechmedia.com/articles/funding-roundup-investors-go-for-thin-solar-and-hybrid-electric-cars-1405.html
Properly tapped, landfill methane generates
GreenWire (subscription site)
In New York, New Jersey and Connecticut combined, landfill methane produces 169 megawatts of electricity and provides 16.7 million cubic feet of gas daily. In New York and New Jersey, landfill methane produces more electricity than solar energy.
http://www.eenews.net/Greenwire/2008/09/15/15/
Major hurricane damage and deadline loom as Congress wrangles with flood insurance
ClimateWire (Subscription Site)
The program protects 20,000 communities nationwide from one of the most prevalent storm threats: water. Widespread and recurrent flooding strained private insurers until finally, 40 years ago, the federal government took responsibility, and the risk. Now efforts to reauthorize this massive insurance program have been delayed for months as lawmakers struggle with the idea of expanding protection against another risk found in stronger storms: wind.
http://www.eenews.net/climatewire/2008/09/15/1/
Renewable diesel refinery slated for Baltimore
E & E News PM
A Florida biofuels startup said today that it plans to produce synthetic diesel fuel at a Baltimore refinery, starting next year. Lake Mary, Fla.-based New Generation Biofuels Inc., which changed its name from H2Diesel Holdings Inc. in March, said it has signed a lease with Atlantic Terminaling LLC to build a commercial-scale refinery on the banks of Chesapeake Bay. The refinery -- New Generation's first commercial-scale facility -- would be capable of producing 25 million gallons of the petroleum-free diesel fuel annually from vegetable oil, animal fat and other feedstocks.
http://www.eenews.net/eenewspm/2008/09/15/5/
Europe
ScottishPower Sees North Sea As Carbon Solution
TIMES ONLINE
A plan to liquefy carbon dioxide emissions and transport the waste gas for permanent burial in rocks beneath the North Sea has been drawn up by ScottishPower. The energy company is pitching its plans to the Government, hoping that it will win a competition to build a pilot power plant that will capture CO2 and store it safely.
http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article4753362.ece
Nanosolar to Build 10MW Power Plant
Greentech Media
The thin-film startup plans build the €30 million ($42.75 million) facility in the same town as its previously announced 1-megawatt solar farm and panel-assembly factory.
http://www.greentechmedia.com/articles/nanosolar-to-build-10mw-power-plant-1409.html
Asia & Australia
Emissions trading to hit Aussie food processors
Queensland Country Life
Struggling areas of the Australian food processing sector will feel the heat of the Federal Government's emissions trading scheme, according to the Australian Food and Grocery Council, which says many manufacturers will have to shut up shop as they become uncompetitive against international goods.
http://qcl.farmonline.com.au/news/nationalrural/agribusiness-and-general/general/emissions-trading-to-hit-aussie-food-processors/1272642.aspx
Cleaning Up Coal's Act
WALL STREET JOURNAL
New projects offer the chance to tap inaccessible reserves, as well as limit the release of harmful gases
http://online.wsj.com/article/SB122123943690128651.html?mod=googlenews_wsj
Air NZ test flight saves fuel
Carbon Positive
Air New Zealand has cut fuel usage by 4 per cent and greenhouse gas emissions by 3 per cent on a trial flight across the Pacific Ocean aimed at testing new flight procedures to maximise fuel efficiency.
http://www.carbonpositive.net/viewarticle.aspx?articleID=1236
N-Power is Good for Climate Change, But Costly
Times of India
When PM Manmohan Singh claimed that nuclear power was important to meet the challenge of climate change, one could be sure yesterday's pariah had turned into this era's green hero. "It will give an impetus to India's pursuit of environmentally sustainable economic growth," the PM said, basking in the success of having wrenched, or some would say, getting US to wrench concessions out of the Nuclear Suppliers Group.
http://timesofindia.indiatimes.com/India/N-power_a_green_option_but_costs_high/articleshow/3480904.cms
Reports
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago .
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
Accra Climate Change Talks 2008
Accra International Conference Center (AICC), Accra , Ghana , from 21-27 August
The Accra Climate Change Talks will take forward work on a strengthened and effective international climate change deal under the UN Framework Convention on Climate Change, as well as work on emission reduction rules and tools under the Kyoto Protocol.
http://unfccc.int/meetings/intersessional/accra/items/4437.php
COPENMIND 2008 Exhibition & Conference
September 1 -3, 2008, Copenhagen
COPENMIND Conference covers three days of presentations, seminars and workshops on the COPENMIND 2008 topic of cleantech. The aim is to encourage best practice sharing, technology transfer and the creation of new research partnerships between science and business. Sessions can be attended and hosted by interested university and industry delegates.
http://www.copenmind.com/
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield , UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe , California , US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston , Massachusetts , US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City , CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix , AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai , India . Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego , CA , November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe .
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
EUA+CER Daily Vol 2008 15,258,000
September 2007 ADV* 4,427,205
September 2008 ADV 8,923,500
Change 2007-8 98.7%
2007 YTD ADV 3,788,260
2008 YTD ADV 9,489,625
Change 2007-8 150.5%
2007 YTD Total Vol 655,369,000
2008 YTD Total Vol 1,717,622,136
2007 September Total Vol 44,911,000
2008 September Total Vol 89,235,000
EUA Futures Total Vol 7,267,000
CER Futures Total Vol 3,341,000
EUA Options Call 4,150,000
EUA Options Put 500,000
CER Options Call 0
CER Options Put 0
EUA Futures Open Interest 223,447,000
EUA Futures Open Interest shift(+/-) 998,000
CER Futures Open Interest 70,788,000
CER Futures Open Interest shift(+/-) 1,617,000
EUA Options Open Interest 109,430,000
EUA Options Open Interest shift(+/-) 925,000
CER options Open Interest 31,900,000
CER options Open Interest shift (+/-) 0
* Average daily volume
**Futures only
__________________________________________________________________________________________________________
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Environment exchanges waiting for trading
China Daily
On August 5, two environment and energy exchanges opened almost simultaneously in Beijing and Shanghai, the first of their kind in China. Obviously no one wants to fall behind the starting line. Both of the exchanges want to secure a leading position in a nascent market in China: trading environmental equities.
http://www.chinadaily.com.cn/bizchina/2008-09/15/content_7027955.htm
Making money from trading emissions
China Daily
China has 260 CDM projects registered with the UN, accounting for about 23 percent of the program's projects. The Chinese projects are expected to reduce about 114 million tons of CO2 emissions annually, accounting for more than 50 percent worldwide in terms of emissions reduction under the mechanism.
http://www.chinadaily.com.cn/bizchina/2008-09/15/content_7027918.htm
Rangel to prep House tax panel for next year's global warming debate
E & E Daily (Subscription Site)
Lawmakers with direct control over U.S. tax policy have flirted with the climate change issue over the last two years but have largely avoided the types of in-depth debate seen on other parts of Capitol Hill. But looking toward 2009, Chairman Charles Rangel (D-N.Y.) plans a much larger role as Congress gets serious about drafting climate legislation with a new administration that is likely to be far more serious on the subject compared with President Bush.
http://www.eenews.net/EEDaily/2008/09/15/3/
Fortune 50 Lacks Transparency in Web-Based Environmental Reporting
GreenBiz.com
The majority of Fortune 50 corporations use the Internet to disclose some information on their environmental performance but most are missing opportunities to involve stakeholders, tap the interactive potential of the web, and provide transparency in their reporting, new research suggests.
http://www.greenbiz.com/news/2008/09/15/fortune-50-lacks-transparency-web-environmental-reporting
Canada's emerging hub powers U.S. Northeast
GreenWire (Subscription Required)
Some $16 billion in energy projects in Greater Saint John, New Brunswick, are either proposed or under way -- and most are being built to supply the power-hungry northeastern United States.
http://www.eenews.net/Greenwire/2008/09/15/9/
Calif. agencies set out emissions rules for power sector
ClimateWire (Subscription Site)
California's electricity sector should receive the majority of greenhouse gas permits for free at the outset of a statewide cap-and-trade program, but electricity providers will quickly ramp up to paying for their emission permits, state agencies proposed last week. As part of the planning process for California's global warming law, A.B. 32, the Energy Commission and the Public Utilities Commission outlined their recommendations for emissions controls on the electricity sector, which is expected to be be responsible for about 40 percent of the total emissions-reduction burden through 2020, or about 145 million metric tons.
http://www.eenews.net/climatewire/2008/09/15/2/
APX Announces Industry Expert Lars Kvale to Join Its Team
APX-Press Release
Mr. Kvale will be focused on strategic program management and will assist the Company with the continued development of its environmental services business, with an emphasis on the renewable energy and greenhouse gas markets.
http://www.centredaily.com/business/story/839759.html
China mulls green tax to curb pollution: report
Environmental News Network
China is studying whether to impose an environmental tax on polluters to cut their emissions, the official China Daily reported on Saturday.
http://www.enn.com/pollution/article/38182
Big Coal vs. Renewable, Cleaner Energy
Environmental News Network
The federal government is in bed with the coal industry. A prime example is the $2 million spent in advertising at both the Democratic and Republican conventions by the American Coalition for Clean Coal Electricity (ACCCE). Founded this year, the ACCCE combined the Center for Energy and Economic Development and Americans for Balanced Energy Choices. Already the ACCCE has spent $4.7 million on lobbying, according to a Center for Public Integrity analysis.
http://www.enn.com/energy/article/38180
When Will Solar Be Cost-Competitive?
Greentech Media
Solar power is becoming more competitive with electricity as solar prices fall and electricity prices rise, a Greentech Media analyst said at a conference Monday. Electricity is most expensive when demand is highest, while the sun shines most during the afternoons, which is a time of peak demand.
http://www.greentechmedia.com/articles/when-will-solar-be-cost-competitive-1410.html
Lehman Brothers Shuts Carbon Trading Desk
Reuters
Lehman Brothers shut down its carbon emissions trading desk after the bank filed for bankruptcy protection, a source close to the company told Reuters on Monday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50239/story.htm
Obama, McCain support stronger U.S.-China co-op
Xinhua
In articles written for a U.S. business magazine, both Democratic presidential nominee Barack Obama and his Republican opponent John McCain have advocated stronger U.S. -China cooperation in trade, global warming, nonproliferation and other issues.
http://news.xinhuanet.com/english/2008-09/15/content_10007738.htm
Mighty Wind: How Long Will Economics Work in Favor of Clean Energy?
WSJ: Environmental Capital
Most of the renewable-energy business is busy fretting about the extension of federal tax credits, which expire at the end of this year. But the real story, it seems, is how clean energy’s biggest historical handicap is coming to be seen as one of its biggest selling points: its predictable cost.
http://blogs.wsj.com/environmentalcapital/2008/09/15/mighty-wind-how-long-will-economics-work-in-favor-of-clean-energy/
Credit Crisis Hurting Clean Energy Sector - Bankers
Reuters
The renewable energy sector will see a 21 billion euro (US$29.43 billion) shortfall in debt finance by 2020, following the credit crisis and a brake on lending, a senior banker said on Monday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50242/story.htm
US
Weekly Climate Change Policy Update - September 15, 2008
VanNess Feldman
Just when you thought federal climate change legislation might be done for the year, it now appears that House Energy & Commerce Committee Chairman John Dingell (D-MI) and Subcommittee on and Energy and Air Quality Chairman Rick Boucher (D-VA) may release a “discussion draft” outlining a detailed legislative program.
http://www.vnf.com/news-alerts-287.html
JohnsonDiversey to Invest Millions to Cut Carbon Footprint
GreenBiz.com
JohnsonDiversey plans to spend $19 million to reduce its carbon emissions 8 percent during the next five years. The company expects a handsome return on its investment: $31 million. That's the amount it will save in reduce energy costs under a pledge to the World Wildlife Fund's Climate Savers program.
http://www.greenbiz.com/news/2008/09/15/johnsondiversey-invest-millions-cut-carbon-footprint
Funding Roundup: Investors Go for Thin Solar and Hybrid-Electric Cars
Greentech Media
Fisker Automotive and Think Global both get new capital to boost production. SoloPower reportedly has raised nearly $200 million, reflecting investors' strong interest in thin-film solar.
http://www.greentechmedia.com/articles/funding-roundup-investors-go-for-thin-solar-and-hybrid-electric-cars-1405.html
Properly tapped, landfill methane generates
GreenWire (subscription site)
In New York, New Jersey and Connecticut combined, landfill methane produces 169 megawatts of electricity and provides 16.7 million cubic feet of gas daily. In New York and New Jersey, landfill methane produces more electricity than solar energy.
http://www.eenews.net/Greenwire/2008/09/15/15/
Major hurricane damage and deadline loom as Congress wrangles with flood insurance
ClimateWire (Subscription Site)
The program protects 20,000 communities nationwide from one of the most prevalent storm threats: water. Widespread and recurrent flooding strained private insurers until finally, 40 years ago, the federal government took responsibility, and the risk. Now efforts to reauthorize this massive insurance program have been delayed for months as lawmakers struggle with the idea of expanding protection against another risk found in stronger storms: wind.
http://www.eenews.net/climatewire/2008/09/15/1/
Renewable diesel refinery slated for Baltimore
E & E News PM
A Florida biofuels startup said today that it plans to produce synthetic diesel fuel at a Baltimore refinery, starting next year. Lake Mary, Fla.-based New Generation Biofuels Inc., which changed its name from H2Diesel Holdings Inc. in March, said it has signed a lease with Atlantic Terminaling LLC to build a commercial-scale refinery on the banks of Chesapeake Bay. The refinery -- New Generation's first commercial-scale facility -- would be capable of producing 25 million gallons of the petroleum-free diesel fuel annually from vegetable oil, animal fat and other feedstocks.
http://www.eenews.net/eenewspm/2008/09/15/5/
Europe
ScottishPower Sees North Sea As Carbon Solution
TIMES ONLINE
A plan to liquefy carbon dioxide emissions and transport the waste gas for permanent burial in rocks beneath the North Sea has been drawn up by ScottishPower. The energy company is pitching its plans to the Government, hoping that it will win a competition to build a pilot power plant that will capture CO2 and store it safely.
http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article4753362.ece
Nanosolar to Build 10MW Power Plant
Greentech Media
The thin-film startup plans build the €30 million ($42.75 million) facility in the same town as its previously announced 1-megawatt solar farm and panel-assembly factory.
http://www.greentechmedia.com/articles/nanosolar-to-build-10mw-power-plant-1409.html
Asia & Australia
Emissions trading to hit Aussie food processors
Queensland Country Life
Struggling areas of the Australian food processing sector will feel the heat of the Federal Government's emissions trading scheme, according to the Australian Food and Grocery Council, which says many manufacturers will have to shut up shop as they become uncompetitive against international goods.
http://qcl.farmonline.com.au/news/nationalrural/agribusiness-and-general/general/emissions-trading-to-hit-aussie-food-processors/1272642.aspx
Cleaning Up Coal's Act
WALL STREET JOURNAL
New projects offer the chance to tap inaccessible reserves, as well as limit the release of harmful gases
http://online.wsj.com/article/SB122123943690128651.html?mod=googlenews_wsj
Air NZ test flight saves fuel
Carbon Positive
Air New Zealand has cut fuel usage by 4 per cent and greenhouse gas emissions by 3 per cent on a trial flight across the Pacific Ocean aimed at testing new flight procedures to maximise fuel efficiency.
http://www.carbonpositive.net/viewarticle.aspx?articleID=1236
N-Power is Good for Climate Change, But Costly
Times of India
When PM Manmohan Singh claimed that nuclear power was important to meet the challenge of climate change, one could be sure yesterday's pariah had turned into this era's green hero. "It will give an impetus to India's pursuit of environmentally sustainable economic growth," the PM said, basking in the success of having wrenched, or some would say, getting US to wrench concessions out of the Nuclear Suppliers Group.
http://timesofindia.indiatimes.com/India/N-power_a_green_option_but_costs_high/articleshow/3480904.cms
Reports
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago .
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
Accra Climate Change Talks 2008
Accra International Conference Center (AICC), Accra , Ghana , from 21-27 August
The Accra Climate Change Talks will take forward work on a strengthened and effective international climate change deal under the UN Framework Convention on Climate Change, as well as work on emission reduction rules and tools under the Kyoto Protocol.
http://unfccc.int/meetings/intersessional/accra/items/4437.php
COPENMIND 2008 Exhibition & Conference
September 1 -3, 2008, Copenhagen
COPENMIND Conference covers three days of presentations, seminars and workshops on the COPENMIND 2008 topic of cleantech. The aim is to encourage best practice sharing, technology transfer and the creation of new research partnerships between science and business. Sessions can be attended and hosted by interested university and industry delegates.
http://www.copenmind.com/
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield , UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe , California , US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston , Massachusetts , US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City , CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix , AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai , India . Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego , CA , November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe .
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
EUA+CER Daily Vol 2008 15,258,000
September 2007 ADV* 4,427,205
September 2008 ADV 8,923,500
Change 2007-8 98.7%
2007 YTD ADV 3,788,260
2008 YTD ADV 9,489,625
Change 2007-8 150.5%
2007 YTD Total Vol 655,369,000
2008 YTD Total Vol 1,717,622,136
2007 September Total Vol 44,911,000
2008 September Total Vol 89,235,000
EUA Futures Total Vol 7,267,000
CER Futures Total Vol 3,341,000
EUA Options Call 4,150,000
EUA Options Put 500,000
CER Options Call 0
CER Options Put 0
EUA Futures Open Interest 223,447,000
EUA Futures Open Interest shift(+/-) 998,000
CER Futures Open Interest 70,788,000
CER Futures Open Interest shift(+/-) 1,617,000
EUA Options Open Interest 109,430,000
EUA Options Open Interest shift(+/-) 925,000
CER options Open Interest 31,900,000
CER options Open Interest shift (+/-) 0
* Average daily volume
**Futures only
__________________________________________________________________________________________________________
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Sunday, September 14. 2008
Environmental Markets Newsletter-September 14th, 2008
Lead Stories
Australia, China and US in climate talks Australian
Australia has brought together the world's two major greenhouse gas polluters, China and the US, to search for common ground on cutting carbon emissions - including clean coal technologies - while protecting security of energy supplies. The top Chinese, US and Australian climate change negotiators will gather for two days this week in Washington at a political and business meeting organised by the Melbourne-based Global Foundation and Georgetown University. http://www.theaustralian.news.com.au/story/0,25197,24345939-5013404,00.html
Energy Equity: Diversifying the Market with New Incentives
Renewable Energy World
The U.S. renewable energy market is growing at an impressive rate. But as more wind, solar and Biofuel facilities get developed, there are fewer people or organizations that own those facilities. That is primarily due to the exclusive nature of the federal tax credits. Because of the shrinking diversity in the marketplace, a growing number of people are calling for changes to U.S. renewable energy incentives. In this podcast, we explore the issues with the federal tax credits as they relate to ownership of renewable energy systems.
http://www.renewableenergyworld.com/rea/news/podcast?id=53554
INTERVIEW-World carbon standards to relax -CCX head
Reuters
World greenhouse gas markets probably will relax their notions of what constitutes a carbon credit to encourage more people to reduce emissions of planet-warming gases, the head of the Chicago Climate Exchange (CCX) said in an interview.
http://www.forbes.com/reuters/feeds/reuters/2008/09/11/2008-09-11T205142Z_01_N10426629_RTRIDST_0_CLIMATE-EXCHANGE-SANDOR-INTERVIEW.html
Will warmer temperatures and more CO2 be good news for corn growers?
ClimateWire (Subscription Site)
Among the optimists in this debate is Dennis Avery, director of the Center for Global Food Issues at the Hudson Institute. In an article he presented yesterday at a forum on climate change and food in Washington, D.C., he wrote, "Crop yields are fortunately still rising, thanks in part to plant breeding and biotech -- and partly to the 'CO2 secret.'" The "secret," he explained, is that plants can grow faster with more CO2.
http://www.eenews.net/climatewire/2008/09/12/2/
Cape Wind project gets environmental permit for transmission lines
Cape COd Times
The state Department of Environmental Protection last month issued a water quality certificate for Cape Wind Associates' plan to install almost eight miles of transmission cables through Lewis Bay in West Yarmouth that would connect to 130 wind turbines in Nantucket Sound. If the turbines are built, an additional five miles of cable in federal waters would link the wind farm to the region's electric grid.
http://www.individual.com/story.php?story=88377009
EU carbon prices up on German power, utility buying
Thomson Financial
European carbon emissions prices gained more ground in early trading on Friday on a combination of rising German power prices, German utility buying and higher gas prices, traders said. Benchmark EU Allowances for December rose 63 cents or 2.73 percent to 23.73 euros a tonne. Volume was at 1,368 lots traded.
http://www.forbes.com/afxnewslimited/feeds/afx/2008/09/12/afx5416450.html
Carter Wall appointed to lead Massachusetts Renewable Energy Trust
The newly established governing board of the Massachusetts Renewable Energy Trust named Carter Wall as the trust’s executive director.
Boston Business Journal
http://www.bizjournals.com/boston/stories/2008/09/08/daily37.html
Industry to Congress: Renew the Expiring Clean-Energy Credits
WSJ: Environmental Capital
The head of GE Energy, the conglomerate’s unit that makes everything from wind turbines to nuclear reactors, flew down to Washington again today to plead with senators to extend tax credits for renewable energy. The credits, still crucial to making clean energy competitive, are set to expire at the end of the year, despite at least eight tries so far to renew them. That threatens to slam the brakes on two gangbuster years for American wind and solar power.
http://blogs.wsj.com/environmentalcapital/2008/09/12/industry-to-congress-renew-the-expiring-clean-energy-credits/
What would a 4 degree rise mean for the planet?
The Daily Star
PROFESSOR Bob Watson, the chief scientific adviser to the Department for the Environment, Food and Rural Affairs (Defra) and a senior UK government adviser warned of the risk of a rise in global temperatures of 4 degrees Celsius. He said: "There is no doubt that we should aim to limit changes in the global mean surface temperature to 2 degrees above pre-industrial (levels). But given this is an ambitious target, and we don't know in detail how to limit greenhouse gas emissions to realize a 2 degree target, we should be prepared to adapt to 4 degrees."
http://www.thedailystar.net/story.php?nid=54341
Investors Take Note of Clean and Sustainable Geothermal Energy Production
Social Funds
The rush to develop alternative energy sources has intensified in the last year, as rapidly rising oil prices have finally raised serious questions about the future of fossil fuels. Solar and wind power may have been the early favorites of the environmentalist and SRI communities, but recently geothermal energy—an application reputed to be as old as human civilization in some parts of the world—has gained many adherents.
http://www.socialfunds.com/news/article.cgi/2551.html
Carbon credit market reaching plateau
Financial Times
Investors have twin concerns regarding the fledgling market in carbon credits – its complexity and the fact that much of today’s trading could peter out in three years’ time. The market was launched in 2005 thanks to 1997’s Kyotoprotocol. However, the provisions of the treaty are set to expire in 2012 and in spite of years of fraught negotiations, there is nothing to replace them.
http://www.ft.com/cms/s/0/ba8d79be-8052-11dd-99a9-000077b07658.html?nclick_check=1
Comparative Analysis of Presidential Candidates Energy Policies VanNess Feldman As we enter the final months of the campaign season, Van Ness Feldman’s Public Policy group has prepared a comparative summary of the Presidential candidates’ energy and climate change plans. http://hosting-source.bronto.com/6335/public/Presidential_Candidates_Platform_Comparison.pdf
US
Carbon Holds UP Against Other Commodities
Seeking Alpha
Key factors in the demand for carbon credits include overall power demand and the relationship between natural gas and coal prices since burning gas results in the release of less than half the greenhouse emissions versus coal. Currently, the simplest way for power utilities to reduce greenhouse emissions is to convert from coal to gas. With the price of coal easing over the past few weeks, demand for more carbon credits resulted; although this effect was mitigated by a sharp decline in natural gas as well which has dropped even more than crude oil.
http://seekingalpha.com/article/95149-carbon-holds-up-against-other-commodities
Questions swirl around climate's role in big storms
ClimateWire (Subscription Site)
Large insurance companies, meanwhile, have begun for the first time to distill the findings of long-range climate change information to help predict today's property risks from hurricanes. Their analyses could reflect a growing admission that rising greenhouse gas emissions are already affecting climate events, though some experts question whether insurance costs are outpacing the threat of rising seas and stronger storms.
http://www.eenews.net/climatewire/2008/09/12/1/
Hawaii gets $500K U.S. energy grant
Pacific Business News
DBEDT said it will partner on the studies with Hawaiian Electric Co., wind farm operator First Wind, landowner Castle & Cooke and Better Place, a California-based startup in the electric car industry. The projects are part of Gov. Linda Lingle’s Hawaii Clean Energy Initiative, which aims to have renewable energy sources supply 70 percent of the state’s power needs by 2030.
http://www.bizjournals.com/pacific/stories/2008/09/08/daily53.html
We Energies hires firm for Oak Creek plant emissions controls
The Business Journal of Milwaukee
Wisconsin Energy Corp. has enlisted the assistance of San Francisco engineering giant URS Corp. to help overhaul and improve the pollution control system at a We Energies' Oak Creek power plant.
http://www.bizjournals.com/milwaukee/stories/2008/09/08/daily35.html?ana=from_rss
Old forests still absorb much CO2
Carbon Positive
Mature forests continue to absorb significant amounts of carbon dioxide from the atmosphere for hundreds of years, contrary to previous thinking that old-growth stands release as much as they take in. These are the findings by scientists from the University of Antwerp, published in the journal Nature this month.
http://www.carbonpositive.net/viewarticle.aspx?articleID=1234
Chicago Company Launches Tree Free Paper
Environmental News Network
Cutting down on the use of paper is easy enough, but in spite of all your efforts you’ll never become 100% paperless. That’s where tree free paper comes in. Recently launched on the market by GPA, a Chicago paper company, Ultra Green paper is 100% tree free. And of equal importance; the paper is produced without any water. What more can you ask for? This paper is going to be a massive selling point for business leaders vying for deals. Not to speak of green design/advertising.
http://www.enn.com/pollution/article/38168
Texas Consortium Seeks $4.93B for Transmission Lines
Greentech Media
Six companies plan to file a proposal to build 2,400 miles of transmission lines in Texas to support a growing number of wind farms in the state.
http://www.greentechmedia.com/articles/consortium-vies-for-493b-transmission-line-project-1402.html
Carbon Positive September Newsletter Carbon Positive Environmental Markets update for September 2008. http://www.carbonpositive.net/viewarticle.aspx?articleID=1225
Benfield, PartnerRe Release Annual Hazard, Risk Science Review Climate & Insurance Benfield and PartnerRe have released the fifth edition of its Hazard & Risk Science Review, which provides a synopsis of more than 80 scientific papers published during the past year on Climate Change. http://www.benfieldgroup.com/NR/rdonlyres/BB24C2E3-6156-4064-A71C-ADD91A69D07A/0/Hazard_Risk_Science_Review_2008.pdf
““Save It,” a Short Film on Climate Change Created by a 10-Year-Old” (Video) Take Part We may (or may not) have written before about Nikos Spiridakis, the 10-year-old who wrote and directed “Save It,” a short film on climate change (I mean, we’re so prolific here, who can really keep track?). But Spiridakis is going to be on “Good Morning America” next week (and making an appearance with takepart, too!), and that’s as a good of reason as any to post the film. So, enjoy!
http://blogs.takepart.com/2008/09/12/save-it-a-short-film-on-climate-change-created-by-a-10-year-old/
Canada
Canada Pushes Climate-Change Action
The Real News.com
A new initiative to put climate change on the Canadian government’s front burner has been launched by Power Up Canada, led by Canadians for Climate Leadership.
http://www.consortiumnews.com/2008/091208a.html
Renewable energy No. 1 green strategy
Calgary Herald
Albertans support renewable energy, are willing to recycle and would install energy-efficient lightbulbs to protect the environment, but they're more hesitant about halting the use of pesticides or paying a carbon tax, a new Herald poll suggests.
http://www.canada.com/calgaryherald/news/story.html?id=d8d7976c-7b0b-46f2-8dc1-103bb2125917
Europe
Wind farms fail to deliver value for money, report claims Telegraph Wind farms are failing to deliver value for money and distorting the development of other renewable energy sources, a report claims. http://www.telegraph.co.uk/news/newstopics/politics/2910739/Wind-farms-fail-to-deliver-value-for-money-report-claims.html
UK to cut an extra 31 million tons of CO2 in 2011
Point Carbon (Subscription Site)
The UK government has raised its carbon emission reduction target (Cert) by 20 per cent over the next three years after announcing energy companies will have to pay an extra £910 million ($1.59 billion) to help cut domestic energy bills.
http://www.pointcarbon.com/news/1.970142
Germany can cut 31% of GHG without hurting economy: McKinsey
Point Carbon (Subscription Site)
Germany can cut greenhouse gas emissions 31 per cent under 1990 levels by 2020 at a cost of less than €20 per tonne of carbon dioxide, management consultants McKinsey said in a report published this week.
http://www.pointcarbon.com/news/1.970534
Europeans Drag Feet on Tackling Climate Change - Poll
PlanetArk.com
A clear majority of Europeans see climate change as one of the most serious challenges facing the world, but have not changed their personal behaviour to tackle it, a poll showed on Thursday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50209/story.htm
The European Union’s Emission War Gas 2.0 The European Union decided pull of the accelerator of its fairly ambitious bio-fuel plans for the future. Nearly two thirds of the European population feels that climate change is a big issue, yet the EU itself is not planning on holding up its end of the bargain.
http://gas2.org/2008/09/13/the-european-unions-emission-war/
UN labours under "unprecedented" number of projects submitted into CDM
Point Carbon (subscription Site)
An unprecedented number of emission reduction projects submitted into the UN clean development mechanism (CDM) registration process is the main reason for a backlog of projects in the system, a UN official told Point Carbon today.
http://www.pointcarbon.com/news/1.970886
Asia
First post-emissions trading poll shows support
Business Council for Sustainable Development
First post-emissions trading law poll shows support, but huge knowledge gap. The first nationwide poll on the newly-passed emissions trading law shows more New Zealanders support than oppose the policy. But only about 10% of people feel "well informed" on emissions trading; while 46% feel "somewhat informed".
http://www.scoop.co.nz/stories/BU0809/S00263.htm
Steelmaker says China, India emissions agreement tough
Reuters
Australia's Bluescope says it will be difficult to convince Chinese and Indian companies to cut emissions.
http://www.emissionstrading.com/MarketNews/?Source=http://www.radioaustralia.net.au/news/stories/200809/s2363368.htm&title=Steelmaker%20says%20China,%20India%20emissions%20agreement%20tough
Japan’s Chugoku Electric eyes first CDM project at Chinese coal plant
Point Carbon (Subscription Site)
Chugoku Electric Power became the first Japanese company today to receive government backing to invest in improving energy efficiency at a Chinese coal-fired power plant in return for UN-backed carbon credits.
http://www.pointcarbon.com/news/1.970629
African Renewable Energy Gains Attention
Environmental News Network
The continent could become a gold mine for renewable energy due to abundant solar and wind resources. But roadblocks to clean energy worldwide are amplified throughout the troubled regions of Africa - financial resources are thin and infrastructure is often unreliable.
http://www.enn.com/energy/article/38164
Philippines to suffer worst climate change devastation
China View
The Philippines faces serious threats of climate change as the rising temperature and sea level will devastate most of the archipelago's ecology system, a U.S. space scientist warned here Friday.
http://news.xinhuanet.com/english/2008-09/12/content_9951195.htm
IPCC author to launch climate center in Bangladesh
ClimateWire (Subscription Site)
Huq, director of the climate change program at the International Institute for Environment and Development and lead author of the chapter on adaptation in the Intergovernmental Panel on Climate Change's Fourth Assessment Report, said he is creating the center because resources for learning about adaptation "simply don't exist." He noted that low-lying Bangladesh -- already vulnerable to floods and droughts -- is "a living laboratory" in which to learn ways of preventing devastating impacts of climate change.
http://www.eenews.net/climatewire/2008/09/12/3/
Taiwan to launch 312 clean energy projects
Point Carbon (Subscription Site)
Taiwan plans to invest NT136 billion (US$4.2 billion) in 312 energy conservation and carbon emission reduction projects in 2009 to meet new government energy and climate targets.
http://www.pointcarbon.com/news/1.970048
Reports
Green Recovery (posted September 10, 2008)
A Program to Create Good Jobs and Start Building a Low-Carbon Economy
PERI, Department of Economics and Political Research Institute, U-Mass, Emhurst, Center for American Progress
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield , UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe , California , US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, theMiddle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago .
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
The Green Media Show
01-02 October 2008, Boston , Massachusetts , US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Introduction to Carbon Market Trading & Finance
PGS Energy Training
A Comprehensive Half-Day Classroom Seminar (CPE Approved)
• October 14th, New York City - New York Mercantile Exchange, 12:30 pm to 5:00 pm
• December 3rd, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
Click Here to Register
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City , CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix , AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai , India . Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego , CA , November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe .
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
__________________________________________________________________________________________________________
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Australia, China and US in climate talks Australian
Australia has brought together the world's two major greenhouse gas polluters, China and the US, to search for common ground on cutting carbon emissions - including clean coal technologies - while protecting security of energy supplies. The top Chinese, US and Australian climate change negotiators will gather for two days this week in Washington at a political and business meeting organised by the Melbourne-based Global Foundation and Georgetown University. http://www.theaustralian.news.com.au/story/0,25197,24345939-5013404,00.html
Energy Equity: Diversifying the Market with New Incentives
Renewable Energy World
The U.S. renewable energy market is growing at an impressive rate. But as more wind, solar and Biofuel facilities get developed, there are fewer people or organizations that own those facilities. That is primarily due to the exclusive nature of the federal tax credits. Because of the shrinking diversity in the marketplace, a growing number of people are calling for changes to U.S. renewable energy incentives. In this podcast, we explore the issues with the federal tax credits as they relate to ownership of renewable energy systems.
http://www.renewableenergyworld.com/rea/news/podcast?id=53554
INTERVIEW-World carbon standards to relax -CCX head
Reuters
World greenhouse gas markets probably will relax their notions of what constitutes a carbon credit to encourage more people to reduce emissions of planet-warming gases, the head of the Chicago Climate Exchange (CCX) said in an interview.
http://www.forbes.com/reuters/feeds/reuters/2008/09/11/2008-09-11T205142Z_01_N10426629_RTRIDST_0_CLIMATE-EXCHANGE-SANDOR-INTERVIEW.html
Will warmer temperatures and more CO2 be good news for corn growers?
ClimateWire (Subscription Site)
Among the optimists in this debate is Dennis Avery, director of the Center for Global Food Issues at the Hudson Institute. In an article he presented yesterday at a forum on climate change and food in Washington, D.C., he wrote, "Crop yields are fortunately still rising, thanks in part to plant breeding and biotech -- and partly to the 'CO2 secret.'" The "secret," he explained, is that plants can grow faster with more CO2.
http://www.eenews.net/climatewire/2008/09/12/2/
Cape Wind project gets environmental permit for transmission lines
Cape COd Times
The state Department of Environmental Protection last month issued a water quality certificate for Cape Wind Associates' plan to install almost eight miles of transmission cables through Lewis Bay in West Yarmouth that would connect to 130 wind turbines in Nantucket Sound. If the turbines are built, an additional five miles of cable in federal waters would link the wind farm to the region's electric grid.
http://www.individual.com/story.php?story=88377009
EU carbon prices up on German power, utility buying
Thomson Financial
European carbon emissions prices gained more ground in early trading on Friday on a combination of rising German power prices, German utility buying and higher gas prices, traders said. Benchmark EU Allowances for December rose 63 cents or 2.73 percent to 23.73 euros a tonne. Volume was at 1,368 lots traded.
http://www.forbes.com/afxnewslimited/feeds/afx/2008/09/12/afx5416450.html
Carter Wall appointed to lead Massachusetts Renewable Energy Trust
The newly established governing board of the Massachusetts Renewable Energy Trust named Carter Wall as the trust’s executive director.
Boston Business Journal
http://www.bizjournals.com/boston/stories/2008/09/08/daily37.html
Industry to Congress: Renew the Expiring Clean-Energy Credits
WSJ: Environmental Capital
The head of GE Energy, the conglomerate’s unit that makes everything from wind turbines to nuclear reactors, flew down to Washington again today to plead with senators to extend tax credits for renewable energy. The credits, still crucial to making clean energy competitive, are set to expire at the end of the year, despite at least eight tries so far to renew them. That threatens to slam the brakes on two gangbuster years for American wind and solar power.
http://blogs.wsj.com/environmentalcapital/2008/09/12/industry-to-congress-renew-the-expiring-clean-energy-credits/
What would a 4 degree rise mean for the planet?
The Daily Star
PROFESSOR Bob Watson, the chief scientific adviser to the Department for the Environment, Food and Rural Affairs (Defra) and a senior UK government adviser warned of the risk of a rise in global temperatures of 4 degrees Celsius. He said: "There is no doubt that we should aim to limit changes in the global mean surface temperature to 2 degrees above pre-industrial (levels). But given this is an ambitious target, and we don't know in detail how to limit greenhouse gas emissions to realize a 2 degree target, we should be prepared to adapt to 4 degrees."
http://www.thedailystar.net/story.php?nid=54341
Investors Take Note of Clean and Sustainable Geothermal Energy Production
Social Funds
The rush to develop alternative energy sources has intensified in the last year, as rapidly rising oil prices have finally raised serious questions about the future of fossil fuels. Solar and wind power may have been the early favorites of the environmentalist and SRI communities, but recently geothermal energy—an application reputed to be as old as human civilization in some parts of the world—has gained many adherents.
http://www.socialfunds.com/news/article.cgi/2551.html
Carbon credit market reaching plateau
Financial Times
Investors have twin concerns regarding the fledgling market in carbon credits – its complexity and the fact that much of today’s trading could peter out in three years’ time. The market was launched in 2005 thanks to 1997’s Kyotoprotocol. However, the provisions of the treaty are set to expire in 2012 and in spite of years of fraught negotiations, there is nothing to replace them.
http://www.ft.com/cms/s/0/ba8d79be-8052-11dd-99a9-000077b07658.html?nclick_check=1
Comparative Analysis of Presidential Candidates Energy Policies VanNess Feldman As we enter the final months of the campaign season, Van Ness Feldman’s Public Policy group has prepared a comparative summary of the Presidential candidates’ energy and climate change plans. http://hosting-source.bronto.com/6335/public/Presidential_Candidates_Platform_Comparison.pdf
US
Carbon Holds UP Against Other Commodities
Seeking Alpha
Key factors in the demand for carbon credits include overall power demand and the relationship between natural gas and coal prices since burning gas results in the release of less than half the greenhouse emissions versus coal. Currently, the simplest way for power utilities to reduce greenhouse emissions is to convert from coal to gas. With the price of coal easing over the past few weeks, demand for more carbon credits resulted; although this effect was mitigated by a sharp decline in natural gas as well which has dropped even more than crude oil.
http://seekingalpha.com/article/95149-carbon-holds-up-against-other-commodities
Questions swirl around climate's role in big storms
ClimateWire (Subscription Site)
Large insurance companies, meanwhile, have begun for the first time to distill the findings of long-range climate change information to help predict today's property risks from hurricanes. Their analyses could reflect a growing admission that rising greenhouse gas emissions are already affecting climate events, though some experts question whether insurance costs are outpacing the threat of rising seas and stronger storms.
http://www.eenews.net/climatewire/2008/09/12/1/
Hawaii gets $500K U.S. energy grant
Pacific Business News
DBEDT said it will partner on the studies with Hawaiian Electric Co., wind farm operator First Wind, landowner Castle & Cooke and Better Place, a California-based startup in the electric car industry. The projects are part of Gov. Linda Lingle’s Hawaii Clean Energy Initiative, which aims to have renewable energy sources supply 70 percent of the state’s power needs by 2030.
http://www.bizjournals.com/pacific/stories/2008/09/08/daily53.html
We Energies hires firm for Oak Creek plant emissions controls
The Business Journal of Milwaukee
Wisconsin Energy Corp. has enlisted the assistance of San Francisco engineering giant URS Corp. to help overhaul and improve the pollution control system at a We Energies' Oak Creek power plant.
http://www.bizjournals.com/milwaukee/stories/2008/09/08/daily35.html?ana=from_rss
Old forests still absorb much CO2
Carbon Positive
Mature forests continue to absorb significant amounts of carbon dioxide from the atmosphere for hundreds of years, contrary to previous thinking that old-growth stands release as much as they take in. These are the findings by scientists from the University of Antwerp, published in the journal Nature this month.
http://www.carbonpositive.net/viewarticle.aspx?articleID=1234
Chicago Company Launches Tree Free Paper
Environmental News Network
Cutting down on the use of paper is easy enough, but in spite of all your efforts you’ll never become 100% paperless. That’s where tree free paper comes in. Recently launched on the market by GPA, a Chicago paper company, Ultra Green paper is 100% tree free. And of equal importance; the paper is produced without any water. What more can you ask for? This paper is going to be a massive selling point for business leaders vying for deals. Not to speak of green design/advertising.
http://www.enn.com/pollution/article/38168
Texas Consortium Seeks $4.93B for Transmission Lines
Greentech Media
Six companies plan to file a proposal to build 2,400 miles of transmission lines in Texas to support a growing number of wind farms in the state.
http://www.greentechmedia.com/articles/consortium-vies-for-493b-transmission-line-project-1402.html
Carbon Positive September Newsletter Carbon Positive Environmental Markets update for September 2008. http://www.carbonpositive.net/viewarticle.aspx?articleID=1225
Benfield, PartnerRe Release Annual Hazard, Risk Science Review Climate & Insurance Benfield and PartnerRe have released the fifth edition of its Hazard & Risk Science Review, which provides a synopsis of more than 80 scientific papers published during the past year on Climate Change. http://www.benfieldgroup.com/NR/rdonlyres/BB24C2E3-6156-4064-A71C-ADD91A69D07A/0/Hazard_Risk_Science_Review_2008.pdf
““Save It,” a Short Film on Climate Change Created by a 10-Year-Old” (Video) Take Part We may (or may not) have written before about Nikos Spiridakis, the 10-year-old who wrote and directed “Save It,” a short film on climate change (I mean, we’re so prolific here, who can really keep track?). But Spiridakis is going to be on “Good Morning America” next week (and making an appearance with takepart, too!), and that’s as a good of reason as any to post the film. So, enjoy!
http://blogs.takepart.com/2008/09/12/save-it-a-short-film-on-climate-change-created-by-a-10-year-old/
Canada
Canada Pushes Climate-Change Action
The Real News.com
A new initiative to put climate change on the Canadian government’s front burner has been launched by Power Up Canada, led by Canadians for Climate Leadership.
http://www.consortiumnews.com/2008/091208a.html
Renewable energy No. 1 green strategy
Calgary Herald
Albertans support renewable energy, are willing to recycle and would install energy-efficient lightbulbs to protect the environment, but they're more hesitant about halting the use of pesticides or paying a carbon tax, a new Herald poll suggests.
http://www.canada.com/calgaryherald/news/story.html?id=d8d7976c-7b0b-46f2-8dc1-103bb2125917
Europe
Wind farms fail to deliver value for money, report claims Telegraph Wind farms are failing to deliver value for money and distorting the development of other renewable energy sources, a report claims. http://www.telegraph.co.uk/news/newstopics/politics/2910739/Wind-farms-fail-to-deliver-value-for-money-report-claims.html
UK to cut an extra 31 million tons of CO2 in 2011
Point Carbon (Subscription Site)
The UK government has raised its carbon emission reduction target (Cert) by 20 per cent over the next three years after announcing energy companies will have to pay an extra £910 million ($1.59 billion) to help cut domestic energy bills.
http://www.pointcarbon.com/news/1.970142
Germany can cut 31% of GHG without hurting economy: McKinsey
Point Carbon (Subscription Site)
Germany can cut greenhouse gas emissions 31 per cent under 1990 levels by 2020 at a cost of less than €20 per tonne of carbon dioxide, management consultants McKinsey said in a report published this week.
http://www.pointcarbon.com/news/1.970534
Europeans Drag Feet on Tackling Climate Change - Poll
PlanetArk.com
A clear majority of Europeans see climate change as one of the most serious challenges facing the world, but have not changed their personal behaviour to tackle it, a poll showed on Thursday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50209/story.htm
The European Union’s Emission War Gas 2.0 The European Union decided pull of the accelerator of its fairly ambitious bio-fuel plans for the future. Nearly two thirds of the European population feels that climate change is a big issue, yet the EU itself is not planning on holding up its end of the bargain.
http://gas2.org/2008/09/13/the-european-unions-emission-war/
UN labours under "unprecedented" number of projects submitted into CDM
Point Carbon (subscription Site)
An unprecedented number of emission reduction projects submitted into the UN clean development mechanism (CDM) registration process is the main reason for a backlog of projects in the system, a UN official told Point Carbon today.
http://www.pointcarbon.com/news/1.970886
Asia
First post-emissions trading poll shows support
Business Council for Sustainable Development
First post-emissions trading law poll shows support, but huge knowledge gap. The first nationwide poll on the newly-passed emissions trading law shows more New Zealanders support than oppose the policy. But only about 10% of people feel "well informed" on emissions trading; while 46% feel "somewhat informed".
http://www.scoop.co.nz/stories/BU0809/S00263.htm
Steelmaker says China, India emissions agreement tough
Reuters
Australia's Bluescope says it will be difficult to convince Chinese and Indian companies to cut emissions.
http://www.emissionstrading.com/MarketNews/?Source=http://www.radioaustralia.net.au/news/stories/200809/s2363368.htm&title=Steelmaker%20says%20China,%20India%20emissions%20agreement%20tough
Japan’s Chugoku Electric eyes first CDM project at Chinese coal plant
Point Carbon (Subscription Site)
Chugoku Electric Power became the first Japanese company today to receive government backing to invest in improving energy efficiency at a Chinese coal-fired power plant in return for UN-backed carbon credits.
http://www.pointcarbon.com/news/1.970629
African Renewable Energy Gains Attention
Environmental News Network
The continent could become a gold mine for renewable energy due to abundant solar and wind resources. But roadblocks to clean energy worldwide are amplified throughout the troubled regions of Africa - financial resources are thin and infrastructure is often unreliable.
http://www.enn.com/energy/article/38164
Philippines to suffer worst climate change devastation
China View
The Philippines faces serious threats of climate change as the rising temperature and sea level will devastate most of the archipelago's ecology system, a U.S. space scientist warned here Friday.
http://news.xinhuanet.com/english/2008-09/12/content_9951195.htm
IPCC author to launch climate center in Bangladesh
ClimateWire (Subscription Site)
Huq, director of the climate change program at the International Institute for Environment and Development and lead author of the chapter on adaptation in the Intergovernmental Panel on Climate Change's Fourth Assessment Report, said he is creating the center because resources for learning about adaptation "simply don't exist." He noted that low-lying Bangladesh -- already vulnerable to floods and droughts -- is "a living laboratory" in which to learn ways of preventing devastating impacts of climate change.
http://www.eenews.net/climatewire/2008/09/12/3/
Taiwan to launch 312 clean energy projects
Point Carbon (Subscription Site)
Taiwan plans to invest NT136 billion (US$4.2 billion) in 312 energy conservation and carbon emission reduction projects in 2009 to meet new government energy and climate targets.
http://www.pointcarbon.com/news/1.970048
Reports
Green Recovery (posted September 10, 2008)
A Program to Create Good Jobs and Start Building a Low-Carbon Economy
PERI, Department of Economics and Political Research Institute, U-Mass, Emhurst, Center for American Progress
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield , UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe , California , US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, theMiddle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago .
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
The Green Media Show
01-02 October 2008, Boston , Massachusetts , US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Introduction to Carbon Market Trading & Finance
PGS Energy Training
A Comprehensive Half-Day Classroom Seminar (CPE Approved)
• October 14th, New York City - New York Mercantile Exchange, 12:30 pm to 5:00 pm
• December 3rd, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
Click Here to Register
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City , CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix , AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai , India . Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego , CA , November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe .
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
__________________________________________________________________________________________________________
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Friday, September 12. 2008
Environmental Markets Newsletter, September 12, 2008
Lead Stories
Copenhagen 'most important meeting since WWII' – Stern
Environmental Finance
Progress at the climate talks, Stern said, will depend on rapid progress in domestic US climate change legislation, and the response from China. And he warned that failure to reach agreement in Copenhagen would “badly damage” the carbon markets.
http://environmental-finance.com/onlinews/0911cpe.html
Wall Street sees national carbon market at least five years away
ClimateWire (Site Subscription)
Pessimism is beginning to creep its way into the hearts and minds of players in the U.S. carbon market as credit generators and traders take a closer look at the political climate for climate change legislation in Washington. While almost everyone still expects the federal government to eventually develop a nationwide carbon emissions cap-and-trade system that covers most of the economy, greater uncertainty is building about what that eventual scheme will look like and how effective it will be. While the industry had anticipated 2012 as the start date for federal cap-and-trade, most now see that timeline as unrealistic.
http://www.eenews.net/climatewire/2008/09/11/1/
How to Blow Less Smoke
Newsweek
The founder of the world's first carbon-offsets exchange would like to clear the air.
http://www.newsweek.com/id/157550
Univ. of Okla. to be totally wind powered by 2013
AP
The University of Oklahoma's Norman campus will be completely powered by wind by 2013, OU President David Boren said Wednesday, calling the plan one of the largest renewable energy commitments ever made by a public university in the U.S.
http://biz.yahoo.com/ap/080910/ok_energy_initiative.html?.v=1&printer=1
New auction scheme to tackle carbon credit "gazumping"
Busniessgree.com
Online auction platform designed to stop deals between CER suppliers and buyers falling through
http://tinyurl.com/3h7smk
EcoSecurities bullish in face of share price slide
BusinessGreen.com
Carbon trading specialist argues market outlook remains positive despite ongoing delays in pipeline for CER credits
http://www.businessgreen.com/business-green/news/2225927/ecosecurities-bullish-face
Green Transportation Fund Set to Launch
Green Tech Media
A new exchange-traded fund that invests in "progressive" transportation companies – ranging from makers of electric-vehicle batteries and drive systems to bicycle makers and railroad and shipping giants – will soon add its name to the a growing roster of ETFs focused on green businesses.
http://www.greentechmedia.com/articles/green-transportation-fund-set-to-launch-1386.html
EU Committee Endorses Emissions Limits, With Some Changes
Dow Jones
A committee of the European Parliament on Thursday sanctioned a plan to extend the continent's carbon dioxide trading market beyond 2012, while recommending changes that would give more free emission credits to industries hurt by competition from foreign companies without the burdens of complying with climate change rules.
http://tinyurl.com/4ur6dh
India could cut 5 million tons of carbon
Economic Times
By implementing carbon trading through the Clean Development Mechanism, India could cut back its annual carbon dioxide emissions by 10 percent by 2012, The Economic Times reported. According to government figures, more than 1,000 projects have been approved for carbon trading, the highest in the world, followed by China.
http://tinyurl.com/3v92d7
Report argues $100bn green spending would slash US unemployment
Business Green
Study claims funding could easily be met with proceeds from auctions of carbon permits under a greenhouse gas cap-and-trade programme
http://www.businessgreen.com/business-green/news/2225864/report-100m-investment-creat
Solar Panel Prices Might Not Decline As Much As Thought
Yahoo
That would be comfort to solar companies, which still are expecting slowing demand at a time when supply is increasing. But where most analysts had been expecting solar panel prices to fall 10% to 20% in 2009, some industry executives and analysts now are expecting a decline of less than 10%, and perhaps less than 5%.
http://news.yahoo.com/s/ibd/20080904/bs_ibd_ibd/20080904tech
Carbon sequestration bill added to Dems energy package
ClimateWire (Site Subscription)
Pelosi agreed to include H.R. 6258, legislation from Reps. Rick Boucher (D-Va.), Fred Upton (R-Mich.) and several others that would create a corporation -- if ratified by utilities -- to distribute $1 billion annually over 10 years to invest in carbon capture and storage technology projects.
http://www.eenews.net/EEDaily/2008/09/11/4/
Congress outlines green car rescue package
GreenBusiness.com
US legislators considering plans to provide US auto makers with $25bn of low interest loans to help them fund shift to fuel efficient vehicles
http://www.businessgreen.com/business-green/news/2225873/congress-outlines-green-car
Iberdrola has accepted PSC’s conditions for acquiring Energy East
The Business Review (Albany)
Spanish utility Iberdrola SA will be allowed to purchase Energy East Corp. The company agreed to the Public Service Commission’s terms and conditions, including a requirement that it dedicate $275 million to reduce future rate hikes and invest $200 million in new wind-energy projects.
http://www.bizjournals.com/albany/stories/2008/09/08/daily29.html?t=printable
Thin film could reach 40 percent of the photovoltaic market by 2012, says Prometheus Institute
Market Watch
The rapid expansion of thin film manufacturing, headed by First Solar could make up over 40 percent of worldwide photovoltaic production by 2012, according to a new report from Greentech Media and the Prometheus Institute for Sustainable Development.
http://www.pv-tech.org/market_watch/article/thin_film_could_reach_40_percent_of_the_photovoltaic_market_by_2012_says_pr
US
Winds blow vigorously offshore, but investment money is becalmed
ClimateWire (Site Subscription)
A group of bankers, gathered here for the country's first conference on offshore wind power, said Wednesday that offshore projects remain fraught with financial risk. Until financiers figure out how to hedge those risks, they said, few bankers will roll the dice on large-scale offshore projects.
http://www.eenews.net/climatewire/2008/09/11/4/
Wind, solar tax credits back on the table
MarketWatch
Sens. Max Baucus and Chuck Grassley on Thursday unveiled bipartisan measures to reduce tax breaks for large oil and gas companies and extend credits for wind and solar power, amid a flurry of attention around offshore drilling and energy
http://www.marketwatch.com/news/story/wind-solar-tax-credits-back/story.aspx?guid={5B2846EE-7BE1-4BF7-A456-B179A13E33A1}&siteid=yahoomy
Finance leaders vow to pass $40B tax package
E & E News (Site Subscription)
Finance Committee leaders Max Baucus (D-Mont.) and Charles Grassley (R-Iowa) introduced a $40 billion energy tax package today that they will try to push through the Senate when energy legislation hits the floor next week. The measure includes extensions of wind, solar and biofuels tax credits and incentives for energy efficiency measures, many of which the Senate has tackled previously but has failed to pass.
http://www.eenews.net/eenewspm/2008/09/11/1/
New plant offers foothold on Gulf Coast for Biodiesel
Houston Chronicle
Initially, the firm will produce clean-burning Biodiesel fuel from soybean oil, canola oil and animal fats. Within a few years, however, it hopes to use cheap and abundant algae oil through a proprietary process it hails as a breakthrough.
http://www.chron.com/disp/story.mpl/front/5994871.html
Gustav's 'Live CAT' Capacity
Risk & Insurance
As Hurricane Gustav approached the US, $9 million of 'live CAT' capacity was made available on the Chicago Mercantile Exchange.
http://www.riskandinsurance.com/story.jsp?storyId=124326385
Colorado Gets Grant to Advance Renewable Energy
AP
Colorado has won a $397,700 Department of Energy grant that the state plans to use toward adding 1,000 megawatts of renewable resource capacity onto the electricity grid. One thousand megawatts can provide enough power to serve 330,000 homes.
http://tinyurl.com/4mwj4g
Wind Energy: Small Is Beautiful
Allianz
So, if you're looking for environmental impacts, you're looking pretty hard if you're only coming up with the negative ones. It really depends on your wind resource, but I think it's pretty safe to say that it comes as a net benefit, not only for the person who owns it, but also for the community as a whole.
http://knowledge.allianz.com/en/globalissues/energy_co2/renewable_energy/small_wind_turbines_stimmel.html?mediacode=rss_feed
Can we shorten the lengthy journey from farm to dinner plate?
ClimateWire (Site Subscription)
In what some consider the food capital of the country, "foodies" and low-income advocates alike are trying to get the masses to share their passion for local fresh food as a way to fight climate change. Sustainability experts say the food industry, a major source of emissions, is being overlooked in most policy circles in favor of solutions targeting power plants, manufacturers and other heavy industry.
http://www.eenews.net/cw/
Wikia Takes on a Green Hue
GreenBiz.com
Wikia Inc. launched Wikia Green this week to jumpstart a community-focused compendium of environmentally-focused content. It's based on the wiki platform and spans the green spectrum: lifestyle, travel, activism, how-to guides, climate change and technology.
http://www.greenbiz.com/news/2008/09/11/wikia-takes-a-green-hue
Coskata's Clean-Energy Crusade
Chicago Business (Video)
Watch: From Garbage Dump to Gas Pump
http://www.chicagobusiness.com/cgi-bin/multiMedia.pl?mmId=404
100-mpg plug-in hybrids popping up in US
PhysOrg
The Advanced Vehicle Research Center is converting Toyota Priuses into electric plug-in hybrids for a cost of $10,400.
http://www.physorg.com/news140271245.html
Canada
Cap-and-trade, carbon tax at heart of Canadian election
Carbon-Finance
Regardless of which political party rises to power, the new government will likely feel tremendous pressure to address climate change as 63% of Canadians cited the environment as the most important issue facing Canada in the medium- to long-term future, according to the Ekos poll. “Clearly the Canadian public has a large appetite for much more aggressive climate change policy from the federal government,” Bramley said. “From an environmental perspective, that’s very encouraging.”
http://www.carbon-financeonline.com/index.cfm?section=lead&id=11502&action=view&return=home
Europe
Economic slowdown expected to hit EUA demand
Point Carbon (Site Subscription)
Demand for EU carbon allowances (EUAs) in Europe's cap-and-trade scheme this year is likely to be lower than previously assumed, due to slow growth in the EU economy, analysts and market participants told Point Carbon.
http://www.pointcarbon.com/news/1.970171
EU ETS turns sour for Poland and other neighboring Eastern European countries
Energy Business Review
Phase I of the EU Emissions Trading Scheme saw some of the heaviest polluting countries - such as Poland - reap windfall profits following the over-allocation of free carbon credits. In Phases II and III, however, Poland and its smaller central and Eastern European neighbors face the reverse situation, having been disproportionately targeted by Brussels.
http://www.energy-business-review.com/issueindex.asp
Daimler, RWE to Open Hundreds Of EV Recharging Stations
Reuters
Car maker Daimler and utility company RWE plan to open around 500 recharging stations for electric autos in Berlin from the end of 2009, Reuters reports.
http://www.environmentalleader.com/2008/09/10/daimler-rwe-to-open-hundreds-of-ev-recharging-stations/
EU Committee Votes to Cut Biofuels Goal
Spiegel Online
The European Parliament's industry committee voted to cut to 6 percent from 10 percent the target for using traditional biofuels in road transport by 2020.
http://www.spiegel.de/international/europe/0,1518,577750,00.html
Green firms target Brown's energy efficiency give away
Businessgreen.com
After weeks of negotiations with energy companies, the government today announced that energy providers are to increase the amount they contribute towards energy efficiency schemes and winter fuel payments by around 30 per cent.
http://www.businessgreen.com/business-green/news/2225906/government-announces-energy
EU Lawmaker Demands Shipping Included in CO2 Caps
Reuters
A key lawmaker steering reform of the European Union's Emission Trading Scheme through the European Parliament said on Wednesday she had proposed to include the shipping sector in the scheme from 2013.
http://www.planetark.org/dailynewsstory.cfm/newsid/50188/story.htm
ELNORD first Polish member on power derivatives
Nord Pool
ELNORD S.A. – the company which represents ENERGA group’s trading activities in the wholesale electricity market – became a member of Nord Pool.
http://www.nordpool.com/en/asa/Newsroom/Press-releases/2008/no-1708-ELNORD-first-Polish-member-on-power-derivatives/
Diageo Ireland to build new Irish Guinness brewery on land originally owned by founder Arthur Guinness
Finfacts Ireland
Construction of the new brewery on this site will be subject to usual site due diligence enquiries and normal planning and regulatory approvals. The new brewery will be constructed to the highest international standards of quality, efficiencies and environmental practice. This will be the biggest Diageo brewery in the world and the largest in Ireland.
http://www.finfacts.ie/irishfinancenews/article_1014695.shtml
MEPs vote to allow more offsets into EU ETS
Point Carbon
An influential committee of EU lawmakers voted today to allow more UN-backed offset credits from outside the 27-nation bloc to be used to meet targets set under the third phase of the EU emissions trading scheme (ETS), which runs from 2013 through 2020.
http://www.pointcarbon.com/news/1.970205
*Subscription site
Suzlon Energy bags maiden order in Romania
Business Standard (New Delhi)
Suzlon Energy A/S, Denmark, the wholly owned subsidiary of turbine producer Suzlon Energy has secured a major contract with Martifer for the delivery of 29 S88-2.l MW turbines, totaling a capacity of 60.9 MW for projects in Romania, the company informed Bombay Stock Exchange (BSE).
http://www.business-standard.com/india/storypage.php?tp=on&autono=46342
Novera adds 27 MW wind in Scotland
CleanTech
London-based renewables developer Novera Energy (LSE:NVE.L) said it plans to start construction in 2009 on an 11-turbine wind farm in Scotland.
http://media.cleantech.com/3408/scotland-adds-wind-portfolio
Austrian lobbyist calls for climate and energy package revamp
Point Carbon
An Austrian business lobby has called on the country's government and EU institutions to change the way greenhouse gas emission targets are set under the EU climate and energy package.
http://www.pointcarbon.com/news/1.970182
*Subscription site
UK to cut an extra 31 million tonnes of CO2 in 2011
Point Carbon
The UK government has raised its carbon emission reduction target (Cert) by 20 per cent over the next three years after announcing energy companies will have to pay an extra £910 million ($1.59 billion) to help cut domestic energy bills.
http://www.pointcarbon.com/news/1.970142
*Subscription site
Majority of Europeans support climate-energy targets: poll
Point Carbon
A majority of Europeans say the EU target to cut greenhouse gas emissions and increase the share of renewable energy by 2020 are fair or even too modest, according to a Eurobarometer survey of public attitudes about climate change.
http://www.pointcarbon.com/news/1.970133
*Subscription site
EC seeks company to run the EU CCS network
Point Carbon
The European commission has issued a tender to find a service provider who will help set up and run a carbon dioxide and storage (CCS) network in Europe.
http://www.pointcarbon.com/news/1.970127
*Subscription site
EU lawmakers support 10% renewable energy in transport
Point Carbon
The European parliament’s industry, research and energy committee today approved a regulatory proposal that requires at least 10 per cent of road transport fuel in 2020 will come from renewable sources, such as biofuels or hydrogen.
http://www.pointcarbon.com/news/1.970099
*Subscription site
Ecosecurities shares tumble after it posts six month loss
Point Carbon
Shares in London-listed emission reduction project developer Ecosecurities fell 15 per cent on Thursday after the company posted a loss for the first half of 2008 and warned of further serious delays in taking delivery of emissions reductions.
http://www.pointcarbon.com/news/1.970011
*Subscription site
Asia
Taiwan to launch 312 clean energy projects
Point Carbon
Taiwan plans to invest NT136 billion (US$4.2 billion) in 312 energy conservation and carbon emission reduction projects in 2009 to meet new government energy and climate targets.
http://www.pointcarbon.com/news/1.970048
*Subscription site
Reports
Green Recovery (posted September 10, 2008)
A Program to Create Good Jobs and Start Building a Low-Carbon Economy
PERI, Department of Economics and Political Research Institute, U-Mass, Emhurst, Center for American Progress
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield , UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe , California , US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago .
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
The Green Media Show
01-02 October 2008, Boston , Massachusetts , US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Introduction to Carbon Market Trading & Finance
PGS Energy Training
A Comprehensive Half-Day Classroom Seminar (CPE Approved)
• October 14th, New York City - New York Mercantile Exchange, 12:30 pm to 5:00 pm
• December 3rd, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
Click Here to Register
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City , CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix , AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai , India . Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego , CA , November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe .
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
__________________________________________________________________________________________________________
The Environmental Markets Newsletter is available for $150 per year. It includes daily two editions, one entirely focused on environmental markets, edited by Jim Kharouf, sent in the morning hours in the US and a full copy of the John Lothian Newsletter sent midday. The John Lothian Newsletter, edited by John Lothian, is a voluntary pay newsletter. The voluntary pay fee for a 1-year subscription to the John Lothian Newsletter is $115, or $65 for 6-months. For more details about this, or to sign up to receive either newsletter, please go to www.johnlothiannewsletter.com or www.environmentalmarketsnewsletter.com.
Disclaimer: The John Lothian Newsletter and Environmental Markets newsletter are products of John J. Lothian & Company, Inc. The opinions expressed in the John Lothian Newsletter and Environmental Markets are strictly those of its editors. It is intended solely for informative purposes and is not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities herein named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Security futures are not suitable for all customers.
If you wish to unsubscribe, please click on the link below.
mailto:jimkharouf-request@johnlothiannewsletter.com?subject=unsubscribe
If the unsubscribe links above do not work for you, please send an email to johnlothian@johnlothian.com with unsubscribe in the subject line
Copenhagen 'most important meeting since WWII' – Stern
Environmental Finance
Progress at the climate talks, Stern said, will depend on rapid progress in domestic US climate change legislation, and the response from China. And he warned that failure to reach agreement in Copenhagen would “badly damage” the carbon markets.
http://environmental-finance.com/onlinews/0911cpe.html
Wall Street sees national carbon market at least five years away
ClimateWire (Site Subscription)
Pessimism is beginning to creep its way into the hearts and minds of players in the U.S. carbon market as credit generators and traders take a closer look at the political climate for climate change legislation in Washington. While almost everyone still expects the federal government to eventually develop a nationwide carbon emissions cap-and-trade system that covers most of the economy, greater uncertainty is building about what that eventual scheme will look like and how effective it will be. While the industry had anticipated 2012 as the start date for federal cap-and-trade, most now see that timeline as unrealistic.
http://www.eenews.net/climatewire/2008/09/11/1/
How to Blow Less Smoke
Newsweek
The founder of the world's first carbon-offsets exchange would like to clear the air.
http://www.newsweek.com/id/157550
Univ. of Okla. to be totally wind powered by 2013
AP
The University of Oklahoma's Norman campus will be completely powered by wind by 2013, OU President David Boren said Wednesday, calling the plan one of the largest renewable energy commitments ever made by a public university in the U.S.
http://biz.yahoo.com/ap/080910/ok_energy_initiative.html?.v=1&printer=1
New auction scheme to tackle carbon credit "gazumping"
Busniessgree.com
Online auction platform designed to stop deals between CER suppliers and buyers falling through
http://tinyurl.com/3h7smk
EcoSecurities bullish in face of share price slide
BusinessGreen.com
Carbon trading specialist argues market outlook remains positive despite ongoing delays in pipeline for CER credits
http://www.businessgreen.com/business-green/news/2225927/ecosecurities-bullish-face
Green Transportation Fund Set to Launch
Green Tech Media
A new exchange-traded fund that invests in "progressive" transportation companies – ranging from makers of electric-vehicle batteries and drive systems to bicycle makers and railroad and shipping giants – will soon add its name to the a growing roster of ETFs focused on green businesses.
http://www.greentechmedia.com/articles/green-transportation-fund-set-to-launch-1386.html
EU Committee Endorses Emissions Limits, With Some Changes
Dow Jones
A committee of the European Parliament on Thursday sanctioned a plan to extend the continent's carbon dioxide trading market beyond 2012, while recommending changes that would give more free emission credits to industries hurt by competition from foreign companies without the burdens of complying with climate change rules.
http://tinyurl.com/4ur6dh
India could cut 5 million tons of carbon
Economic Times
By implementing carbon trading through the Clean Development Mechanism, India could cut back its annual carbon dioxide emissions by 10 percent by 2012, The Economic Times reported. According to government figures, more than 1,000 projects have been approved for carbon trading, the highest in the world, followed by China.
http://tinyurl.com/3v92d7
Report argues $100bn green spending would slash US unemployment
Business Green
Study claims funding could easily be met with proceeds from auctions of carbon permits under a greenhouse gas cap-and-trade programme
http://www.businessgreen.com/business-green/news/2225864/report-100m-investment-creat
Solar Panel Prices Might Not Decline As Much As Thought
Yahoo
That would be comfort to solar companies, which still are expecting slowing demand at a time when supply is increasing. But where most analysts had been expecting solar panel prices to fall 10% to 20% in 2009, some industry executives and analysts now are expecting a decline of less than 10%, and perhaps less than 5%.
http://news.yahoo.com/s/ibd/20080904/bs_ibd_ibd/20080904tech
Carbon sequestration bill added to Dems energy package
ClimateWire (Site Subscription)
Pelosi agreed to include H.R. 6258, legislation from Reps. Rick Boucher (D-Va.), Fred Upton (R-Mich.) and several others that would create a corporation -- if ratified by utilities -- to distribute $1 billion annually over 10 years to invest in carbon capture and storage technology projects.
http://www.eenews.net/EEDaily/2008/09/11/4/
Congress outlines green car rescue package
GreenBusiness.com
US legislators considering plans to provide US auto makers with $25bn of low interest loans to help them fund shift to fuel efficient vehicles
http://www.businessgreen.com/business-green/news/2225873/congress-outlines-green-car
Iberdrola has accepted PSC’s conditions for acquiring Energy East
The Business Review (Albany)
Spanish utility Iberdrola SA will be allowed to purchase Energy East Corp. The company agreed to the Public Service Commission’s terms and conditions, including a requirement that it dedicate $275 million to reduce future rate hikes and invest $200 million in new wind-energy projects.
http://www.bizjournals.com/albany/stories/2008/09/08/daily29.html?t=printable
Thin film could reach 40 percent of the photovoltaic market by 2012, says Prometheus Institute
Market Watch
The rapid expansion of thin film manufacturing, headed by First Solar could make up over 40 percent of worldwide photovoltaic production by 2012, according to a new report from Greentech Media and the Prometheus Institute for Sustainable Development.
http://www.pv-tech.org/market_watch/article/thin_film_could_reach_40_percent_of_the_photovoltaic_market_by_2012_says_pr
US
Winds blow vigorously offshore, but investment money is becalmed
ClimateWire (Site Subscription)
A group of bankers, gathered here for the country's first conference on offshore wind power, said Wednesday that offshore projects remain fraught with financial risk. Until financiers figure out how to hedge those risks, they said, few bankers will roll the dice on large-scale offshore projects.
http://www.eenews.net/climatewire/2008/09/11/4/
Wind, solar tax credits back on the table
MarketWatch
Sens. Max Baucus and Chuck Grassley on Thursday unveiled bipartisan measures to reduce tax breaks for large oil and gas companies and extend credits for wind and solar power, amid a flurry of attention around offshore drilling and energy
http://www.marketwatch.com/news/story/wind-solar-tax-credits-back/story.aspx?guid={5B2846EE-7BE1-4BF7-A456-B179A13E33A1}&siteid=yahoomy
Finance leaders vow to pass $40B tax package
E & E News (Site Subscription)
Finance Committee leaders Max Baucus (D-Mont.) and Charles Grassley (R-Iowa) introduced a $40 billion energy tax package today that they will try to push through the Senate when energy legislation hits the floor next week. The measure includes extensions of wind, solar and biofuels tax credits and incentives for energy efficiency measures, many of which the Senate has tackled previously but has failed to pass.
http://www.eenews.net/eenewspm/2008/09/11/1/
New plant offers foothold on Gulf Coast for Biodiesel
Houston Chronicle
Initially, the firm will produce clean-burning Biodiesel fuel from soybean oil, canola oil and animal fats. Within a few years, however, it hopes to use cheap and abundant algae oil through a proprietary process it hails as a breakthrough.
http://www.chron.com/disp/story.mpl/front/5994871.html
Gustav's 'Live CAT' Capacity
Risk & Insurance
As Hurricane Gustav approached the US, $9 million of 'live CAT' capacity was made available on the Chicago Mercantile Exchange.
http://www.riskandinsurance.com/story.jsp?storyId=124326385
Colorado Gets Grant to Advance Renewable Energy
AP
Colorado has won a $397,700 Department of Energy grant that the state plans to use toward adding 1,000 megawatts of renewable resource capacity onto the electricity grid. One thousand megawatts can provide enough power to serve 330,000 homes.
http://tinyurl.com/4mwj4g
Wind Energy: Small Is Beautiful
Allianz
So, if you're looking for environmental impacts, you're looking pretty hard if you're only coming up with the negative ones. It really depends on your wind resource, but I think it's pretty safe to say that it comes as a net benefit, not only for the person who owns it, but also for the community as a whole.
http://knowledge.allianz.com/en/globalissues/energy_co2/renewable_energy/small_wind_turbines_stimmel.html?mediacode=rss_feed
Can we shorten the lengthy journey from farm to dinner plate?
ClimateWire (Site Subscription)
In what some consider the food capital of the country, "foodies" and low-income advocates alike are trying to get the masses to share their passion for local fresh food as a way to fight climate change. Sustainability experts say the food industry, a major source of emissions, is being overlooked in most policy circles in favor of solutions targeting power plants, manufacturers and other heavy industry.
http://www.eenews.net/cw/
Wikia Takes on a Green Hue
GreenBiz.com
Wikia Inc. launched Wikia Green this week to jumpstart a community-focused compendium of environmentally-focused content. It's based on the wiki platform and spans the green spectrum: lifestyle, travel, activism, how-to guides, climate change and technology.
http://www.greenbiz.com/news/2008/09/11/wikia-takes-a-green-hue
Coskata's Clean-Energy Crusade
Chicago Business (Video)
Watch: From Garbage Dump to Gas Pump
http://www.chicagobusiness.com/cgi-bin/multiMedia.pl?mmId=404
100-mpg plug-in hybrids popping up in US
PhysOrg
The Advanced Vehicle Research Center is converting Toyota Priuses into electric plug-in hybrids for a cost of $10,400.
http://www.physorg.com/news140271245.html
Canada
Cap-and-trade, carbon tax at heart of Canadian election
Carbon-Finance
Regardless of which political party rises to power, the new government will likely feel tremendous pressure to address climate change as 63% of Canadians cited the environment as the most important issue facing Canada in the medium- to long-term future, according to the Ekos poll. “Clearly the Canadian public has a large appetite for much more aggressive climate change policy from the federal government,” Bramley said. “From an environmental perspective, that’s very encouraging.”
http://www.carbon-financeonline.com/index.cfm?section=lead&id=11502&action=view&return=home
Europe
Economic slowdown expected to hit EUA demand
Point Carbon (Site Subscription)
Demand for EU carbon allowances (EUAs) in Europe's cap-and-trade scheme this year is likely to be lower than previously assumed, due to slow growth in the EU economy, analysts and market participants told Point Carbon.
http://www.pointcarbon.com/news/1.970171
EU ETS turns sour for Poland and other neighboring Eastern European countries
Energy Business Review
Phase I of the EU Emissions Trading Scheme saw some of the heaviest polluting countries - such as Poland - reap windfall profits following the over-allocation of free carbon credits. In Phases II and III, however, Poland and its smaller central and Eastern European neighbors face the reverse situation, having been disproportionately targeted by Brussels.
http://www.energy-business-review.com/issueindex.asp
Daimler, RWE to Open Hundreds Of EV Recharging Stations
Reuters
Car maker Daimler and utility company RWE plan to open around 500 recharging stations for electric autos in Berlin from the end of 2009, Reuters reports.
http://www.environmentalleader.com/2008/09/10/daimler-rwe-to-open-hundreds-of-ev-recharging-stations/
EU Committee Votes to Cut Biofuels Goal
Spiegel Online
The European Parliament's industry committee voted to cut to 6 percent from 10 percent the target for using traditional biofuels in road transport by 2020.
http://www.spiegel.de/international/europe/0,1518,577750,00.html
Green firms target Brown's energy efficiency give away
Businessgreen.com
After weeks of negotiations with energy companies, the government today announced that energy providers are to increase the amount they contribute towards energy efficiency schemes and winter fuel payments by around 30 per cent.
http://www.businessgreen.com/business-green/news/2225906/government-announces-energy
EU Lawmaker Demands Shipping Included in CO2 Caps
Reuters
A key lawmaker steering reform of the European Union's Emission Trading Scheme through the European Parliament said on Wednesday she had proposed to include the shipping sector in the scheme from 2013.
http://www.planetark.org/dailynewsstory.cfm/newsid/50188/story.htm
ELNORD first Polish member on power derivatives
Nord Pool
ELNORD S.A. – the company which represents ENERGA group’s trading activities in the wholesale electricity market – became a member of Nord Pool.
http://www.nordpool.com/en/asa/Newsroom/Press-releases/2008/no-1708-ELNORD-first-Polish-member-on-power-derivatives/
Diageo Ireland to build new Irish Guinness brewery on land originally owned by founder Arthur Guinness
Finfacts Ireland
Construction of the new brewery on this site will be subject to usual site due diligence enquiries and normal planning and regulatory approvals. The new brewery will be constructed to the highest international standards of quality, efficiencies and environmental practice. This will be the biggest Diageo brewery in the world and the largest in Ireland.
http://www.finfacts.ie/irishfinancenews/article_1014695.shtml
MEPs vote to allow more offsets into EU ETS
Point Carbon
An influential committee of EU lawmakers voted today to allow more UN-backed offset credits from outside the 27-nation bloc to be used to meet targets set under the third phase of the EU emissions trading scheme (ETS), which runs from 2013 through 2020.
http://www.pointcarbon.com/news/1.970205
*Subscription site
Suzlon Energy bags maiden order in Romania
Business Standard (New Delhi)
Suzlon Energy A/S, Denmark, the wholly owned subsidiary of turbine producer Suzlon Energy has secured a major contract with Martifer for the delivery of 29 S88-2.l MW turbines, totaling a capacity of 60.9 MW for projects in Romania, the company informed Bombay Stock Exchange (BSE).
http://www.business-standard.com/india/storypage.php?tp=on&autono=46342
Novera adds 27 MW wind in Scotland
CleanTech
London-based renewables developer Novera Energy (LSE:NVE.L) said it plans to start construction in 2009 on an 11-turbine wind farm in Scotland.
http://media.cleantech.com/3408/scotland-adds-wind-portfolio
Austrian lobbyist calls for climate and energy package revamp
Point Carbon
An Austrian business lobby has called on the country's government and EU institutions to change the way greenhouse gas emission targets are set under the EU climate and energy package.
http://www.pointcarbon.com/news/1.970182
*Subscription site
UK to cut an extra 31 million tonnes of CO2 in 2011
Point Carbon
The UK government has raised its carbon emission reduction target (Cert) by 20 per cent over the next three years after announcing energy companies will have to pay an extra £910 million ($1.59 billion) to help cut domestic energy bills.
http://www.pointcarbon.com/news/1.970142
*Subscription site
Majority of Europeans support climate-energy targets: poll
Point Carbon
A majority of Europeans say the EU target to cut greenhouse gas emissions and increase the share of renewable energy by 2020 are fair or even too modest, according to a Eurobarometer survey of public attitudes about climate change.
http://www.pointcarbon.com/news/1.970133
*Subscription site
EC seeks company to run the EU CCS network
Point Carbon
The European commission has issued a tender to find a service provider who will help set up and run a carbon dioxide and storage (CCS) network in Europe.
http://www.pointcarbon.com/news/1.970127
*Subscription site
EU lawmakers support 10% renewable energy in transport
Point Carbon
The European parliament’s industry, research and energy committee today approved a regulatory proposal that requires at least 10 per cent of road transport fuel in 2020 will come from renewable sources, such as biofuels or hydrogen.
http://www.pointcarbon.com/news/1.970099
*Subscription site
Ecosecurities shares tumble after it posts six month loss
Point Carbon
Shares in London-listed emission reduction project developer Ecosecurities fell 15 per cent on Thursday after the company posted a loss for the first half of 2008 and warned of further serious delays in taking delivery of emissions reductions.
http://www.pointcarbon.com/news/1.970011
*Subscription site
Asia
Taiwan to launch 312 clean energy projects
Point Carbon
Taiwan plans to invest NT136 billion (US$4.2 billion) in 312 energy conservation and carbon emission reduction projects in 2009 to meet new government energy and climate targets.
http://www.pointcarbon.com/news/1.970048
*Subscription site
Reports
Green Recovery (posted September 10, 2008)
A Program to Create Good Jobs and Start Building a Low-Carbon Economy
PERI, Department of Economics and Political Research Institute, U-Mass, Emhurst, Center for American Progress
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield , UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe , California , US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago .
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
The Green Media Show
01-02 October 2008, Boston , Massachusetts , US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Introduction to Carbon Market Trading & Finance
PGS Energy Training
A Comprehensive Half-Day Classroom Seminar (CPE Approved)
• October 14th, New York City - New York Mercantile Exchange, 12:30 pm to 5:00 pm
• December 3rd, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
Click Here to Register
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City , CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix , AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai , India . Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego , CA , November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe .
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
__________________________________________________________________________________________________________
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Thursday, September 11. 2008
Environmental Markets Newsletter, September 11, 2008
Lead Stories
$100 billion could yield two million "green" jobs
Deborah Zabarenko - Reuters
WASHINGTON - A $100 billion U.S. government investment over two years could create two million "green" jobs in such industrial sectors as steel and construction, environmental and labor groups said on Tuesday.
http://www.reuters.com/article/environmentNews/idUSN0930092120080910
**JK – Let’s see an investment that creates jobs and improves the environment…Nah, let’s just drill.
THE REPORT
Green Recovery
A Program to Create Good Jobs and Start Building a Low-Carbon Economy
PERI, Department of Economics and Political Research Institute, U-Mass, Emhurst, Center for American Progress
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
**This from the report
“This $100 billion fiscal expansion, responsibly deployed, would frontload federal spending to launch a green energy economic
development program based on all of the renewable energy and energy efficiency proposals contained in CAP’s “Energy Opportunity” report. This initial boost in direct government spending would be financed as part of the 10-year low-carbon transition outlined in the report, which calls for a balanced mix of private and public funding, the latterfinanced with revenue from a carbon cap-and-trade program. Under a cap-and-trade system, there will be a revenue stream dedicated to paying back the $100 billion to be spent on the green recovery program. An economic analysis of CAP’s comprehensive energy strategy will be released later this year.”
In Support of a New (Green) Deal
Tina Kelley - NY Times
Investing in clean energy could create four times as many jobs as investing in the oil industry, according to a report issued on Tuesday by the Sierra Club, United Steelworkers, the Blue Green Alliance, Natural Resources Defense Council and Audubon New York. And clean energy investment would result in about three times the number of good-paying jobs, those that pay at least $16 an hour, according to the report, which was written by the Center for American Progress and the Political Economy Research Institute.
http://cityroom.blogs.nytimes.com/2008/09/10/in-support-of-a-new-green-deal/
**JK – Hello Congress – do you remember the part about innovation, jobs and our future?
Green Investment Will Yield Two Million Jobs in Two Years--California Stands to Gain $13 Billion by Investing in Global-Warming Solutions
New Report Outlines Rapid Green Economic Recovery Plan
Bernadette-Del-Chiaro.gifBy Bernadette Del Chiaro - Environment California
As the nation continues to debate its energy future, a new report released yesterday shows that the U.S. can create two million jobs by investing in a rapid green economic recovery program, which will strengthen the economy, increase energy independence, and fight global warming. In California, investing in this green recovery program would bring more than 235,000 jobs and $12.7 billion in investments.
http://www.californiaprogressreport.com/2008/09/green_investmen.html
**JK - Worth mentioning to the bobble-heads who first cry about cost and then about jobs.
Novecta Launches First Soil Carbon Sequestration Standard Committee
AgPR
The first meeting of the Carbon Sequestration Standard Committee was held in Des Moines , Iowa , to create an industry-wide standard for validating carbon offsets resulting from soil carbon sequestration or greenhouse gas emission reductions at the soil interface. The committee was selected by Novecta from leading agriculture businesses and members of the carbon industry including aggregators, verifiers, exchange traders, soil scientists and others interested in carbon measurements.
“The group is developing a standard to validate soil-based carbon offset methodologies and systems that will be broadly accepted,” says Gary Delong, Novecta's Managing Director. “This standard is a key step toward rewarding farmers who use environmentally sound farming practices.”
A training session was held on writing quality management standards with an emphasis on the carbon industry and specific legislative needs. Novecta approached USDA, Agricultural Marketing Service (AMS), to provide the committee with an overview of verification services that may be applied to the proposed standard. The Committee requested that AMS consider monitoring the progress of the standard development and serving as a third-party verifier when the standard is completed.
In its discussions, the 20 person committee agreed upon the scope for the standard which would include: A soil based standard that addresses the net change in greenhouse gas in the soil and the soil interface, including fuel used directly for production, and the changes that occur because of agricultural production practices and nutrient management plans. A first draft of standard was reviewed, and the committee is developing a second draft for review when it reconvenes in mid-October.
“We know other groups are working on various carbon offset protocols and carbon offsetting projects in agriculture, and we would welcome their input,” says Delong. “This committee agrees that a standard for quantification and documentation of soil carbon sequestration activities could literally change the way we farm in the future, and we are planning for it today.”
The Chicago Climate Exchange (CCX) currently offers a voluntary soil carbon credit program for farmers in the United States. Various standards are used today to measure carbon, but for the budding US carbon credit trading market to grow, credit purchasers must have confidence in the sequestration credit they are buying to offset their own carbon emissions. “The purpose of developing this carbon standard with input from so many diverse sectors,” according to Delong, “is to provide that confidence."
**No link
**JK – In the wake of recent debates about the validity of soil-based offsets, this appears to be a step in the right direction. The policy of inclusion is also very positive.
NZ Passes Climate Bill Into Law
West Australian
The New Zealand government's flagship climate change legislation has been passed into law.
http://www.thewest.com.au/aapstory.aspx?StoryName=513740
**JK – Nice job – now about that linkage to Australia’s ETS.
Carbon Trading Schemes Around the World
PlanetArk.com
Companies and governments are turning to emissions trading as a weapon to fight climate change, in a carbon market worth US$64 billion last year.
http://www.planetark.com/dailynewsstory.cfm/newsid/50190/story.htm
Verizon Business and IR Magazine Study Links Carbon Management, Corporate Social Responsibility with Shareholder Value
MarketWatch
87 Percent of Investor Relations Professionals Believe Communications Technology Helps Organizations Achieve Business and Environmental Goals
http://www.marketwatch.com/news/story/verizon-business-ir-magazine-study/story.aspx?guid=%7BE3F6BBAB-9AEE-40D3-A170-579F0E56ADA5%7D&dist=hppr
Fortis Launches Clean Energy Fund
FINalternatives
Fortis Investments has launched a clean energy fund with initial assets of US$70.6 million from Fortis Bank. The Clean Energy Fund has a fundraising target of US$565 million.
http://www.finalternatives.com/node/5447
Lead Stories continued
The Pickens Plan, Hybrid Electrics and National Leadership
Environmental News Network
In his eponymous plan to break the stranglehold imported oil has on the American economy, former oil man and corporate raider T. Boone Pickens puts together a cogent, well reasoned argument and strategy centered on coincidentally carrying out two key national initiatives over the next decade: having wind power supply 22% of national electrical power production and shifting the natural gas currently used to supply 22% of national electrical output to transportation.
http://www.enn.com/energy/article/38148
Prime Minister's resignation fails to derail Japan's carbon trading plans
Business Green.com
The shock resignation of Japanese Prime Minister Yasuo Fukuda last week will not impact on plans for the launch of a trial carbon cap-and-trade scheme this autumn, according to government sources.
http://www.businessgreen.com/business-green/news/2225724/prime-minister-resignation
E&E political reporter Alex Kaplun takes an in-depth look at White House race
E & E OnPoint (Video and Transcript)
During today's OnPoint, E&E political reporter Alex Kaplun discusses the energy and climate messages coming out of the Obama and McCain campaigns. Kaplun explains how John McCain's vice presidential pick, Sarah Palin, could affect decisions on ANWR drilling and climate in a future McCain administration. He also discusses Obama's push for green jobs and how it may shape the candidate's energy and climate policy.
http://www.eenews.net/tv/
Alaska's Environment and Green Issues
PlanetArk.com
Alaska is on the front lines of America's green wars and its battleground status has been highlighted by Republican presidential candidate John McCain's choice of Gov. Sarah Palin as his running mate for the Nov. 4 elections. Following are some of the issues that arouse passions about Alaska and its environment:
http://www.planetark.com/dailynewsstory.cfm/newsid/50180/story.htm
Democrats look to energy, water issues in bid for Mountain West
GreenWire (Subscription Site)
Democrats say they plan to capitalize in the region by running on the energy message that proved successful for gubernatorial candidates and Senate candidates -- touting renewable energy as the new wave of economic development and the engine for creating thousands of jobs. The message resonates in the Mountain West, Democrats say, because the region has seen firsthand the benefits of energy technology.
http://www.eenews.net/Greenwire/2008/09/10/2/
Climex VER Auction of 23,728 VCS Social Carbon VERs
Climex-Press Release
A total of 23,728 VERs from a fuel switching project in Brazil will be on offer in a VER Auction on the Climex Exchange. The auction is scheduled for 25 September 2008.
http://community.newvalues.net/2008/09/climex_auctions_23728_vcs_vers.html
US
Gold Standard Registry Experiences Rapid Growth in Carbon Market Projects and Users
APX-Press Release
APX announced that the Gold Standard Registry now includes more than 200 valid greenhouse gas reduction projects in various stages of approval, representing renewable energy and energy efficiency projects in over 30 countries. Of these, approximately 100 projects are far enough in their development as to be publicly posted in the Registry.
http://www.apx.com/news/pr-Gold-Standard-Registry-Experiences-Rapid-Growth.asp?ad=APX
Group says oil industry should disclose climate risks
ClimateWire (subscription Site)
Oil companies should be required to estimate and disclose investment risks linked to carbon-intensive reserves, according to comments on a proposed rule filed by corporate social responsibility group Ceres.
http://www.eenews.net/eenewspm/climate_digest/2008/09/09/9/
11 Carbon Offsets You Can Trust
The Daily Green
The Environmental Defense Fund today launched CarbonOffsetList.org to "help businesses and consumers identify and purchase carbon offsets that represent real reductions in greenhouse gas emissions."
http://www.thedailygreen.com/environmental-news/latest/carbon-offset-47091002
AltaRock gains steam
Substainable Industries
The deal gives AltaRock exclusive rights to assess the geothermal potential of 667,000 acres in northern California, western Washington and western and south-central Oregon. It also allows AltaRock to transfer up to 40 percent of the exploration acreage rights into geothermal development leases within two years.
http://www.sustainableindustries.com/breakingnews/28156479.html
Western Growers responds to Pacific Institute report on ag water efficiency
Fresh Plaza
Today, the Pacific Institute released a detailed report entitled, “More with Less,” Agricultural Water Conservation and Efficiency in California. Western Growers is studying this report in more detail and in the coming weeks plan to release an official analysis of the study.
http://www.freshplaza.com/news_detail.asp?id=28280
Home buyers look to cut climate control costs
Reuters
Home buyers increasingly want architects to give them green features like extra insulation instead of extra room to host in-laws, an architects' trade group said.
http://www.enn.com/green_building/article/38140
Obama tells U.S. farmers he backs ethanol mandate
Yahoo!News
Democratic presidential nominee Barack Obama told farmers on Tuesday that he backs the federal requirement to use ethanol as a way to reduce reliance on oil imports.
http://news.yahoo.com/s/nm/20080910/pl_nm/usa_agriculture_obama_dc
US energy department awards money to energy efficiency, renewable projects
Point Carbon (subscription Site)
he US Department of Energy has awarded $6.6 million in grants for state-level energy efficiency and renewable energy projects.
http://www.pointcarbon.com/news/1.969668
What Will RGGI CO2 Allowances be Worth? I Say $2...and growing.
Energyblogs.com
For this reason, $2 per ton is a reasonable estimate of what a RGGI CO2 allowance is really “worth” in 2009. This is an equilibrium price and it does not reflect short-term supply and demand constraints that can cause large price spikes. In subsequent years, this number is pressured upwards by compounding load growth and, eventually, by reductions in annual CO2 limits. Of course, the spread between coal and gas prices will also be a factor, in one direction or the other.
http://www.energyblogs.com/genmetric/index.cfm/2008/9/9/What-Will-RGGI-CO2-Allowances-be-Worth--I-Say-2and-growing
White roofs help cut US carbon emissions: scientists
Point Carbon (Subscription Site)
Replacing dark roofing materials with white ones could reduce the average US home’s carbon footprint by 10 tonnes a year, according to scientists.
http://www.pointcarbon.com/news/1.969130
3M hopes fortune will shine on new renewable energy unit
Minneapolis Star Tribune
The Minnesota manufacturing giant announced Tuesday that it will create a new business unit to focus on renewable energy and increase its tiny stake in the business.
http://www.startribune.com/business/28116789.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUUJ
Home buyers look to cut climate control costs
Reuters
Home buyers increasingly want architects to give them green features like extra insulation instead of extra room to host in-laws, an architects' trade group said.
http://www.enn.com/green_building/article/38140
Manure 'Smells Like Money' As Energy Costs Rise
Montana State University
With energy prices driving the cost of agricultural inputs up, nutrient-rich manure is getting another look. "Calls to Extension offices from people looking for manure and manure compost have increased in recent months," says Tommy Bass, Montana State University Extension livestock environment associate specialist.
http://www.enn.com/ecosystems/article/38147
Homeowner gets approval for wind turbine
South Florida Sun Sentinel
A man in southern Plymouth County received approval Monday to install a 30-foot wind turbine on his property to help power his house. Craig Carrell, of Sioux City, sought a conditional use permit from the Plymouth County Board of Adjustment to build the wind generator on his property just north of Sioux City in Perry Township near county road C-80.
http://www.lemarssentinel.com/story/1459649.html
Canada
Taxes on diesel, carbon split rivals in Canada election
AFP
Prime Minister Stephen Harper promised Tuesday to reduce Canada's excise tax on diesel fuel in contrast to his main rival's plan for a carbon tax, in a heated election campaign.
http://afp.google.com/article/ALeqM5ixT4Nznim5ES0RWM6UxC0C2Uqr8A
Europe
Poland says EU climate deal may be delayed
Reuters
Poland may seek to delay a European Union deal on fighting climate change as experts warn the government that the plan will harm the country's growth, fuel inflation and, possibly, undermine efforts to adopt the euro.
http://www.reuters.com/article/environmentNews/idUSL941400320080909
EU could meet GHG targets by energy efficiency alone: McKinsey
Point Carbon (subscription Site)
The EU could meet its greenhouse gas emission targets by 2020 by just improving energy efficiency within the region, analysts at management consultants McKinsey said in a report published today.
http://www.pointcarbon.com/news/1.969568
Germany sold 3.86 million CO2 allowances in August
Point Carbon (Subscription Site)
Germany sold 3.86 million EU allowances in August, raising €90.6 million, according to data published today by state-owned bank KfW.
http://www.pointcarbon.com/news/1.969462
Siemens and E.ON move wind "from boutique to industrialization"
Business Green
Two of the leading players in Germany's booming wind energy industry yesterday announced one of the sectors largest ever supply deals with energy company E.ON agreeing to buy 500 turbines from engineering conglomerate Siemens.
http://www.businessgreen.com/business-green/news/2225723/siemens-move-wind-energy
EU Set to Cut Biofuel Target
Green Tech Media
A European Parliament committee could vote to set a much lower mandate for Biofuel consumption than the 10 percent proposed earlier this year. Meanwhile, the U.S. Congress again plans to consider tax credits for renewables and New Zealand gets a cap-and-trade program.
http://www.greentechmedia.com/articles/eu-set-to-cut-biofuel-target-1385.html
Europe's sustainable neighborhoods -- 'bobo' ghettos or future cities?
GreenWire (subscription Site)
Each of Europe's sustainable neighborhoods has its own characteristics, linked to its country's climate, culture and local situation. Yet the Lausanne experts say these neighborhoods do share enough aspects to enable us to define the concept of the "sustainable neighborhood": Its population density is relatively high, its buildings are environmentally friendly, and it uses renewable energy and reuses rainwater.
http://www.eenews.net/climatewire/2008/09/10/1/
What's Next for the German Photovoltaic Industry?
RenewableEnergyWorld.com
Germany's solar industry has been given a boost after the government said it would scale back the feed-in tariff for solar electricity by only 9-10 percent each year until 2011 much less than the 30 percent scale-back that some industry experts had predicted.
http://www.renewableenergyworld.com/rea/news/story?id=53518
Gold Standard projects to cut 15 million tonnes per year
Point Carbon
The number of UN-backed and voluntary market projects that meet Gold Standard criteria have the potential to generate 15 million carbon credits, the foundation said Wednesday.
http://www.pointcarbon.com/news/1.969179
*Subscription site
Free allowances in return for CCS “the only game in town”: MEP
Point Carbon
Giving away EU allowances to utilities is the only way to ensure carbon capture and storage (CCS) technology gets a firm foothold in Europe, a leading member of the EU parliament has said.
http://www.pointcarbon.com/news/1.969417
*Subscription site
Germany sold 3.86 million CO2 allowances in August
Point Carbon
Germany sold 3.86 million EU allowances in August, raising €90.6 million, according to data published today by state-owned bank KfW.
http://www.pointcarbon.com/news/1.969462
*Subscription site
Asia
Asia requires urgent US attention: Report
Reuters
The health of the U.S. economy is now tied to Asia in fundamental ways that, if not grasped quickly by the incoming presidential administration, could have unintended, adverse consequences, according to America's Role in Asia: Asian and American Views, a new published volume of foreign policy recommendations written by 20 distinguished Asian and U.S. experts and released this morning in Washington.
http://economictimes.indiatimes.com/News/PoliticsNation/Asia_requires_urgent_US_attention_Report/articleshow/3468578.cms
Sanyo sheds some clean light on subject of renewable energy
Japan Times
Japan is known far and wide as the Land of the Rising Sun, but it desires to be known (again) as the Land of the Solar Charge. Once the world's leader in installed solar power, Japan has since 2005 slipped second behind Germany, which now has about double Japan's capacity. Politicians have been vowing to recharge clean-energy initiatives since even before the July G8 summit in Toyako, Hokkaido.
http://www.emissionstrading.com/MarketNews/?Source=http://story.japanherald.com/index.php/ct/9/cid/e6040a2efc655265/id/17621586/&title=Sanyo%20sheds%20some%20clean%20light%20on%20subject%20of%20renewable%20energy
More than 37 million Chinese CERs at stake in legal arbitration
Point Carbon
The status of up to 37 million carbon credits under the clean development mechanism (CDM) could be clarified by November, if a legal dispute is settled between partners of a company that develops projects in China.
http://www.pointcarbon.com/news/1.969159
*Subscription site
NZ parliament passes emissions trading bill
Point Carbon
The parliament of New Zealand today approved legislation that establishes an emissions trading scheme in the country.
http://www.pointcarbon.com/news/1.969429
Subscription site
Japan Fuel Cell Market Forecast to Top US$11.1 Billion by FY20
Asia Pulse
The domestic market for fuel cells is estimated to grow to 1.2 trillion yen (US$11.1 billion) in fiscal 2020, more than 300 times its current size, according to private research institution Fuji Keizai Co.
http://www.fuelcellsworks.com/Supppage9158.html
Sugarcane ethanol plant to be built in Philippines
Ethanol Producer
Plans for a new 12 MMgy ethanol facility are underway in the Filipino town of Magallanes, located in the province of Cavite, Philippines. The project is the fruit of a partnership between the Cavite Sugarcane Planters Multi-Purpose Cooperative and Cavite Biofuels Producers Inc.
http://www.ethanolproducer.com/article.jsp?article_id=4766
Suzlon Energy says Indian clients may produce less electricity
Bloomberg
Suzlon Energy Ltd., the world’s fifth-biggest wind-turbine maker, said customers in India may generate less electricity from its equipment because of fluctuations in wind velocity and breakdowns in the power grid.
http://www.tehrantimes.com/index_View.asp?code=177521
Reports
Green Recovery (posted September 10, 2008)
A Program to Create Good Jobs and Start Building a Low-Carbon Economy
PERI, Department of Economics and Political Research Institute, U-Mass, Emhurst, Center for American Progress
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago.
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Introduction to Carbon Market Trading & Finance
PGS Energy Training
A Comprehensive Half-Day Classroom Seminar (CPE Approved)
• October 14th, New York City - New York Mercantile Exchange, 12:30 pm to 5:00 pm
• December 3rd, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
Click Here to Register
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
ECX data – September 8, 2008
EUA+CER Daily Vol 2008 6,871,000
September 2007 ADV 4,251,167
September 2008 ADV 6,002,333
Change 2007-8 41.2%
2007 YTD ADV 3,788,260
2008 YTD ADV 9,403,396
Change 2007-8 148.2%
2007 YTD Total Vol 655,369,000
2008 YTD Total Vol 1,664,401,136
2007 September Total Vol 25,507,000
2008 September Total Vol 36,014,000
EUA Futures Total Vol 5,404,000
CER Futures Total Vol 762,000
EUA Options Call 255,000
EUA Options Put 450,000
CER Options Call 0
CER Options Put 0
EUA Futures Open Interest 226,774,000
EUA Futures Open Interest shift(+/-) -14,000
CER Futures Open Interest 72,732,000
CER Futures Open Interest shift(+/-) 335,000
EUA Options Open Interest 107,805,000
EUA Options Open Interest shift(+/-) 0
CER options Open Interest 31,900,000
CER options Open Interest shift (+/-) 100,000
* Average daily volume
__________________________________________________________________________________________________________
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$100 billion could yield two million "green" jobs
Deborah Zabarenko - Reuters
WASHINGTON - A $100 billion U.S. government investment over two years could create two million "green" jobs in such industrial sectors as steel and construction, environmental and labor groups said on Tuesday.
http://www.reuters.com/article/environmentNews/idUSN0930092120080910
**JK – Let’s see an investment that creates jobs and improves the environment…Nah, let’s just drill.
THE REPORT
Green Recovery
A Program to Create Good Jobs and Start Building a Low-Carbon Economy
PERI, Department of Economics and Political Research Institute, U-Mass, Emhurst, Center for American Progress
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
**This from the report
“This $100 billion fiscal expansion, responsibly deployed, would frontload federal spending to launch a green energy economic
development program based on all of the renewable energy and energy efficiency proposals contained in CAP’s “Energy Opportunity” report. This initial boost in direct government spending would be financed as part of the 10-year low-carbon transition outlined in the report, which calls for a balanced mix of private and public funding, the latterfinanced with revenue from a carbon cap-and-trade program. Under a cap-and-trade system, there will be a revenue stream dedicated to paying back the $100 billion to be spent on the green recovery program. An economic analysis of CAP’s comprehensive energy strategy will be released later this year.”
In Support of a New (Green) Deal
Tina Kelley - NY Times
Investing in clean energy could create four times as many jobs as investing in the oil industry, according to a report issued on Tuesday by the Sierra Club, United Steelworkers, the Blue Green Alliance, Natural Resources Defense Council and Audubon New York. And clean energy investment would result in about three times the number of good-paying jobs, those that pay at least $16 an hour, according to the report, which was written by the Center for American Progress and the Political Economy Research Institute.
http://cityroom.blogs.nytimes.com/2008/09/10/in-support-of-a-new-green-deal/
**JK – Hello Congress – do you remember the part about innovation, jobs and our future?
Green Investment Will Yield Two Million Jobs in Two Years--California Stands to Gain $13 Billion by Investing in Global-Warming Solutions
New Report Outlines Rapid Green Economic Recovery Plan
Bernadette-Del-Chiaro.gifBy Bernadette Del Chiaro - Environment California
As the nation continues to debate its energy future, a new report released yesterday shows that the U.S. can create two million jobs by investing in a rapid green economic recovery program, which will strengthen the economy, increase energy independence, and fight global warming. In California, investing in this green recovery program would bring more than 235,000 jobs and $12.7 billion in investments.
http://www.californiaprogressreport.com/2008/09/green_investmen.html
**JK - Worth mentioning to the bobble-heads who first cry about cost and then about jobs.
Novecta Launches First Soil Carbon Sequestration Standard Committee
AgPR
The first meeting of the Carbon Sequestration Standard Committee was held in Des Moines , Iowa , to create an industry-wide standard for validating carbon offsets resulting from soil carbon sequestration or greenhouse gas emission reductions at the soil interface. The committee was selected by Novecta from leading agriculture businesses and members of the carbon industry including aggregators, verifiers, exchange traders, soil scientists and others interested in carbon measurements.
“The group is developing a standard to validate soil-based carbon offset methodologies and systems that will be broadly accepted,” says Gary Delong, Novecta's Managing Director. “This standard is a key step toward rewarding farmers who use environmentally sound farming practices.”
A training session was held on writing quality management standards with an emphasis on the carbon industry and specific legislative needs. Novecta approached USDA, Agricultural Marketing Service (AMS), to provide the committee with an overview of verification services that may be applied to the proposed standard. The Committee requested that AMS consider monitoring the progress of the standard development and serving as a third-party verifier when the standard is completed.
In its discussions, the 20 person committee agreed upon the scope for the standard which would include: A soil based standard that addresses the net change in greenhouse gas in the soil and the soil interface, including fuel used directly for production, and the changes that occur because of agricultural production practices and nutrient management plans. A first draft of standard was reviewed, and the committee is developing a second draft for review when it reconvenes in mid-October.
“We know other groups are working on various carbon offset protocols and carbon offsetting projects in agriculture, and we would welcome their input,” says Delong. “This committee agrees that a standard for quantification and documentation of soil carbon sequestration activities could literally change the way we farm in the future, and we are planning for it today.”
The Chicago Climate Exchange (CCX) currently offers a voluntary soil carbon credit program for farmers in the United States. Various standards are used today to measure carbon, but for the budding US carbon credit trading market to grow, credit purchasers must have confidence in the sequestration credit they are buying to offset their own carbon emissions. “The purpose of developing this carbon standard with input from so many diverse sectors,” according to Delong, “is to provide that confidence."
**No link
**JK – In the wake of recent debates about the validity of soil-based offsets, this appears to be a step in the right direction. The policy of inclusion is also very positive.
NZ Passes Climate Bill Into Law
West Australian
The New Zealand government's flagship climate change legislation has been passed into law.
http://www.thewest.com.au/aapstory.aspx?StoryName=513740
**JK – Nice job – now about that linkage to Australia’s ETS.
Carbon Trading Schemes Around the World
PlanetArk.com
Companies and governments are turning to emissions trading as a weapon to fight climate change, in a carbon market worth US$64 billion last year.
http://www.planetark.com/dailynewsstory.cfm/newsid/50190/story.htm
Verizon Business and IR Magazine Study Links Carbon Management, Corporate Social Responsibility with Shareholder Value
MarketWatch
87 Percent of Investor Relations Professionals Believe Communications Technology Helps Organizations Achieve Business and Environmental Goals
http://www.marketwatch.com/news/story/verizon-business-ir-magazine-study/story.aspx?guid=%7BE3F6BBAB-9AEE-40D3-A170-579F0E56ADA5%7D&dist=hppr
Fortis Launches Clean Energy Fund
FINalternatives
Fortis Investments has launched a clean energy fund with initial assets of US$70.6 million from Fortis Bank. The Clean Energy Fund has a fundraising target of US$565 million.
http://www.finalternatives.com/node/5447
Lead Stories continued
The Pickens Plan, Hybrid Electrics and National Leadership
Environmental News Network
In his eponymous plan to break the stranglehold imported oil has on the American economy, former oil man and corporate raider T. Boone Pickens puts together a cogent, well reasoned argument and strategy centered on coincidentally carrying out two key national initiatives over the next decade: having wind power supply 22% of national electrical power production and shifting the natural gas currently used to supply 22% of national electrical output to transportation.
http://www.enn.com/energy/article/38148
Prime Minister's resignation fails to derail Japan's carbon trading plans
Business Green.com
The shock resignation of Japanese Prime Minister Yasuo Fukuda last week will not impact on plans for the launch of a trial carbon cap-and-trade scheme this autumn, according to government sources.
http://www.businessgreen.com/business-green/news/2225724/prime-minister-resignation
E&E political reporter Alex Kaplun takes an in-depth look at White House race
E & E OnPoint (Video and Transcript)
During today's OnPoint, E&E political reporter Alex Kaplun discusses the energy and climate messages coming out of the Obama and McCain campaigns. Kaplun explains how John McCain's vice presidential pick, Sarah Palin, could affect decisions on ANWR drilling and climate in a future McCain administration. He also discusses Obama's push for green jobs and how it may shape the candidate's energy and climate policy.
http://www.eenews.net/tv/
Alaska's Environment and Green Issues
PlanetArk.com
Alaska is on the front lines of America's green wars and its battleground status has been highlighted by Republican presidential candidate John McCain's choice of Gov. Sarah Palin as his running mate for the Nov. 4 elections. Following are some of the issues that arouse passions about Alaska and its environment:
http://www.planetark.com/dailynewsstory.cfm/newsid/50180/story.htm
Democrats look to energy, water issues in bid for Mountain West
GreenWire (Subscription Site)
Democrats say they plan to capitalize in the region by running on the energy message that proved successful for gubernatorial candidates and Senate candidates -- touting renewable energy as the new wave of economic development and the engine for creating thousands of jobs. The message resonates in the Mountain West, Democrats say, because the region has seen firsthand the benefits of energy technology.
http://www.eenews.net/Greenwire/2008/09/10/2/
Climex VER Auction of 23,728 VCS Social Carbon VERs
Climex-Press Release
A total of 23,728 VERs from a fuel switching project in Brazil will be on offer in a VER Auction on the Climex Exchange. The auction is scheduled for 25 September 2008.
http://community.newvalues.net/2008/09/climex_auctions_23728_vcs_vers.html
US
Gold Standard Registry Experiences Rapid Growth in Carbon Market Projects and Users
APX-Press Release
APX announced that the Gold Standard Registry now includes more than 200 valid greenhouse gas reduction projects in various stages of approval, representing renewable energy and energy efficiency projects in over 30 countries. Of these, approximately 100 projects are far enough in their development as to be publicly posted in the Registry.
http://www.apx.com/news/pr-Gold-Standard-Registry-Experiences-Rapid-Growth.asp?ad=APX
Group says oil industry should disclose climate risks
ClimateWire (subscription Site)
Oil companies should be required to estimate and disclose investment risks linked to carbon-intensive reserves, according to comments on a proposed rule filed by corporate social responsibility group Ceres.
http://www.eenews.net/eenewspm/climate_digest/2008/09/09/9/
11 Carbon Offsets You Can Trust
The Daily Green
The Environmental Defense Fund today launched CarbonOffsetList.org to "help businesses and consumers identify and purchase carbon offsets that represent real reductions in greenhouse gas emissions."
http://www.thedailygreen.com/environmental-news/latest/carbon-offset-47091002
AltaRock gains steam
Substainable Industries
The deal gives AltaRock exclusive rights to assess the geothermal potential of 667,000 acres in northern California, western Washington and western and south-central Oregon. It also allows AltaRock to transfer up to 40 percent of the exploration acreage rights into geothermal development leases within two years.
http://www.sustainableindustries.com/breakingnews/28156479.html
Western Growers responds to Pacific Institute report on ag water efficiency
Fresh Plaza
Today, the Pacific Institute released a detailed report entitled, “More with Less,” Agricultural Water Conservation and Efficiency in California. Western Growers is studying this report in more detail and in the coming weeks plan to release an official analysis of the study.
http://www.freshplaza.com/news_detail.asp?id=28280
Home buyers look to cut climate control costs
Reuters
Home buyers increasingly want architects to give them green features like extra insulation instead of extra room to host in-laws, an architects' trade group said.
http://www.enn.com/green_building/article/38140
Obama tells U.S. farmers he backs ethanol mandate
Yahoo!News
Democratic presidential nominee Barack Obama told farmers on Tuesday that he backs the federal requirement to use ethanol as a way to reduce reliance on oil imports.
http://news.yahoo.com/s/nm/20080910/pl_nm/usa_agriculture_obama_dc
US energy department awards money to energy efficiency, renewable projects
Point Carbon (subscription Site)
he US Department of Energy has awarded $6.6 million in grants for state-level energy efficiency and renewable energy projects.
http://www.pointcarbon.com/news/1.969668
What Will RGGI CO2 Allowances be Worth? I Say $2...and growing.
Energyblogs.com
For this reason, $2 per ton is a reasonable estimate of what a RGGI CO2 allowance is really “worth” in 2009. This is an equilibrium price and it does not reflect short-term supply and demand constraints that can cause large price spikes. In subsequent years, this number is pressured upwards by compounding load growth and, eventually, by reductions in annual CO2 limits. Of course, the spread between coal and gas prices will also be a factor, in one direction or the other.
http://www.energyblogs.com/genmetric/index.cfm/2008/9/9/What-Will-RGGI-CO2-Allowances-be-Worth--I-Say-2and-growing
White roofs help cut US carbon emissions: scientists
Point Carbon (Subscription Site)
Replacing dark roofing materials with white ones could reduce the average US home’s carbon footprint by 10 tonnes a year, according to scientists.
http://www.pointcarbon.com/news/1.969130
3M hopes fortune will shine on new renewable energy unit
Minneapolis Star Tribune
The Minnesota manufacturing giant announced Tuesday that it will create a new business unit to focus on renewable energy and increase its tiny stake in the business.
http://www.startribune.com/business/28116789.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUUJ
Home buyers look to cut climate control costs
Reuters
Home buyers increasingly want architects to give them green features like extra insulation instead of extra room to host in-laws, an architects' trade group said.
http://www.enn.com/green_building/article/38140
Manure 'Smells Like Money' As Energy Costs Rise
Montana State University
With energy prices driving the cost of agricultural inputs up, nutrient-rich manure is getting another look. "Calls to Extension offices from people looking for manure and manure compost have increased in recent months," says Tommy Bass, Montana State University Extension livestock environment associate specialist.
http://www.enn.com/ecosystems/article/38147
Homeowner gets approval for wind turbine
South Florida Sun Sentinel
A man in southern Plymouth County received approval Monday to install a 30-foot wind turbine on his property to help power his house. Craig Carrell, of Sioux City, sought a conditional use permit from the Plymouth County Board of Adjustment to build the wind generator on his property just north of Sioux City in Perry Township near county road C-80.
http://www.lemarssentinel.com/story/1459649.html
Canada
Taxes on diesel, carbon split rivals in Canada election
AFP
Prime Minister Stephen Harper promised Tuesday to reduce Canada's excise tax on diesel fuel in contrast to his main rival's plan for a carbon tax, in a heated election campaign.
http://afp.google.com/article/ALeqM5ixT4Nznim5ES0RWM6UxC0C2Uqr8A
Europe
Poland says EU climate deal may be delayed
Reuters
Poland may seek to delay a European Union deal on fighting climate change as experts warn the government that the plan will harm the country's growth, fuel inflation and, possibly, undermine efforts to adopt the euro.
http://www.reuters.com/article/environmentNews/idUSL941400320080909
EU could meet GHG targets by energy efficiency alone: McKinsey
Point Carbon (subscription Site)
The EU could meet its greenhouse gas emission targets by 2020 by just improving energy efficiency within the region, analysts at management consultants McKinsey said in a report published today.
http://www.pointcarbon.com/news/1.969568
Germany sold 3.86 million CO2 allowances in August
Point Carbon (Subscription Site)
Germany sold 3.86 million EU allowances in August, raising €90.6 million, according to data published today by state-owned bank KfW.
http://www.pointcarbon.com/news/1.969462
Siemens and E.ON move wind "from boutique to industrialization"
Business Green
Two of the leading players in Germany's booming wind energy industry yesterday announced one of the sectors largest ever supply deals with energy company E.ON agreeing to buy 500 turbines from engineering conglomerate Siemens.
http://www.businessgreen.com/business-green/news/2225723/siemens-move-wind-energy
EU Set to Cut Biofuel Target
Green Tech Media
A European Parliament committee could vote to set a much lower mandate for Biofuel consumption than the 10 percent proposed earlier this year. Meanwhile, the U.S. Congress again plans to consider tax credits for renewables and New Zealand gets a cap-and-trade program.
http://www.greentechmedia.com/articles/eu-set-to-cut-biofuel-target-1385.html
Europe's sustainable neighborhoods -- 'bobo' ghettos or future cities?
GreenWire (subscription Site)
Each of Europe's sustainable neighborhoods has its own characteristics, linked to its country's climate, culture and local situation. Yet the Lausanne experts say these neighborhoods do share enough aspects to enable us to define the concept of the "sustainable neighborhood": Its population density is relatively high, its buildings are environmentally friendly, and it uses renewable energy and reuses rainwater.
http://www.eenews.net/climatewire/2008/09/10/1/
What's Next for the German Photovoltaic Industry?
RenewableEnergyWorld.com
Germany's solar industry has been given a boost after the government said it would scale back the feed-in tariff for solar electricity by only 9-10 percent each year until 2011 much less than the 30 percent scale-back that some industry experts had predicted.
http://www.renewableenergyworld.com/rea/news/story?id=53518
Gold Standard projects to cut 15 million tonnes per year
Point Carbon
The number of UN-backed and voluntary market projects that meet Gold Standard criteria have the potential to generate 15 million carbon credits, the foundation said Wednesday.
http://www.pointcarbon.com/news/1.969179
*Subscription site
Free allowances in return for CCS “the only game in town”: MEP
Point Carbon
Giving away EU allowances to utilities is the only way to ensure carbon capture and storage (CCS) technology gets a firm foothold in Europe, a leading member of the EU parliament has said.
http://www.pointcarbon.com/news/1.969417
*Subscription site
Germany sold 3.86 million CO2 allowances in August
Point Carbon
Germany sold 3.86 million EU allowances in August, raising €90.6 million, according to data published today by state-owned bank KfW.
http://www.pointcarbon.com/news/1.969462
*Subscription site
Asia
Asia requires urgent US attention: Report
Reuters
The health of the U.S. economy is now tied to Asia in fundamental ways that, if not grasped quickly by the incoming presidential administration, could have unintended, adverse consequences, according to America's Role in Asia: Asian and American Views, a new published volume of foreign policy recommendations written by 20 distinguished Asian and U.S. experts and released this morning in Washington.
http://economictimes.indiatimes.com/News/PoliticsNation/Asia_requires_urgent_US_attention_Report/articleshow/3468578.cms
Sanyo sheds some clean light on subject of renewable energy
Japan Times
Japan is known far and wide as the Land of the Rising Sun, but it desires to be known (again) as the Land of the Solar Charge. Once the world's leader in installed solar power, Japan has since 2005 slipped second behind Germany, which now has about double Japan's capacity. Politicians have been vowing to recharge clean-energy initiatives since even before the July G8 summit in Toyako, Hokkaido.
http://www.emissionstrading.com/MarketNews/?Source=http://story.japanherald.com/index.php/ct/9/cid/e6040a2efc655265/id/17621586/&title=Sanyo%20sheds%20some%20clean%20light%20on%20subject%20of%20renewable%20energy
More than 37 million Chinese CERs at stake in legal arbitration
Point Carbon
The status of up to 37 million carbon credits under the clean development mechanism (CDM) could be clarified by November, if a legal dispute is settled between partners of a company that develops projects in China.
http://www.pointcarbon.com/news/1.969159
*Subscription site
NZ parliament passes emissions trading bill
Point Carbon
The parliament of New Zealand today approved legislation that establishes an emissions trading scheme in the country.
http://www.pointcarbon.com/news/1.969429
Subscription site
Japan Fuel Cell Market Forecast to Top US$11.1 Billion by FY20
Asia Pulse
The domestic market for fuel cells is estimated to grow to 1.2 trillion yen (US$11.1 billion) in fiscal 2020, more than 300 times its current size, according to private research institution Fuji Keizai Co.
http://www.fuelcellsworks.com/Supppage9158.html
Sugarcane ethanol plant to be built in Philippines
Ethanol Producer
Plans for a new 12 MMgy ethanol facility are underway in the Filipino town of Magallanes, located in the province of Cavite, Philippines. The project is the fruit of a partnership between the Cavite Sugarcane Planters Multi-Purpose Cooperative and Cavite Biofuels Producers Inc.
http://www.ethanolproducer.com/article.jsp?article_id=4766
Suzlon Energy says Indian clients may produce less electricity
Bloomberg
Suzlon Energy Ltd., the world’s fifth-biggest wind-turbine maker, said customers in India may generate less electricity from its equipment because of fluctuations in wind velocity and breakdowns in the power grid.
http://www.tehrantimes.com/index_View.asp?code=177521
Reports
Green Recovery (posted September 10, 2008)
A Program to Create Good Jobs and Start Building a Low-Carbon Economy
PERI, Department of Economics and Political Research Institute, U-Mass, Emhurst, Center for American Progress
http://www.peri.umass.edu/fileadmin/pdf/other_publication_types/peri_report.pdf
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago.
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Introduction to Carbon Market Trading & Finance
PGS Energy Training
A Comprehensive Half-Day Classroom Seminar (CPE Approved)
• October 14th, New York City - New York Mercantile Exchange, 12:30 pm to 5:00 pm
• December 3rd, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
Click Here to Register
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
ECX data – September 8, 2008
EUA+CER Daily Vol 2008 6,871,000
September 2007 ADV 4,251,167
September 2008 ADV 6,002,333
Change 2007-8 41.2%
2007 YTD ADV 3,788,260
2008 YTD ADV 9,403,396
Change 2007-8 148.2%
2007 YTD Total Vol 655,369,000
2008 YTD Total Vol 1,664,401,136
2007 September Total Vol 25,507,000
2008 September Total Vol 36,014,000
EUA Futures Total Vol 5,404,000
CER Futures Total Vol 762,000
EUA Options Call 255,000
EUA Options Put 450,000
CER Options Call 0
CER Options Put 0
EUA Futures Open Interest 226,774,000
EUA Futures Open Interest shift(+/-) -14,000
CER Futures Open Interest 72,732,000
CER Futures Open Interest shift(+/-) 335,000
EUA Options Open Interest 107,805,000
EUA Options Open Interest shift(+/-) 0
CER options Open Interest 31,900,000
CER options Open Interest shift (+/-) 100,000
* Average daily volume
__________________________________________________________________________________________________________
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Environmental Markets Newsletter
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New Events – See the full list below in Events
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Environmental Markets Association
12th Annual Fall Conference
November 18-21, 2008 – Seattle, WA
Your one stop shop to obtain the updates, trends and challenges in all the environmental markets.
http://www.environmentalmarkets.org/
Commentary
Last week’s Swiss Futures & Options Association conference hit on the crux of carbon markets last Friday.
The person who summed up the US market was Randy Warsager, vice president of marketing at New York Mercantile Exchange (Nymex) which is part owner of Green Exchange, now part of the CME Group. His remarks focused firmly and almost solely on the political environment for the US carbon market, and thus reiterated what most know about these markets – they are first and foremost political markets – created by politicians, managed by politicians and ultimately controlled by them. This is the simple nature of this particular commodity and is a fact that those in the market have come to grips with.
Given that backdrop, what is worrisome is the growing focus by the American public and its politicians on the current house fire which is the sagging economy and energy.
“The economic crisis is definitely putting climate change on the back burner,” Warsager told the audience of largely Europeans at the conference in Interlaken, Switzerland. “If you ask the American public what their top priorities are – you have jobs, and energy prices are part of that. You have health care, Iraq and then climate change depending on what survey you look at. Climate change is a little bit of a luxury in the sense that it’s not going to heat your home this winter.”
Give it few years, it just might.
So where does that leave the issue? According to two editorials from the NY Times and Washington Post in today’s Lead Stories section, the issue of dealing with climate change has fallen on the McCain priority list. One can only conclude that the switch to drilling as a solution and the tabbing of Sarah Palin as VP has pushed the priority for McCain down even further.
Running for president is about selling your soul. The question for each candidate is just how much they plan to sell to get elected. McCain, once a staunch champion of the environment, seems to be selling that part of his soul out to Republican backers to get elected. Barack Obama is going through the soul press-and-filter process now himself, although it has not seemed to have dented his platform for addressing global warming.
Warsager believes, as many in the industry do, that a federal cap-and-trade system will not be in place until 2012 from either candidate at the earliest. In fact, Warsager is not even sure we’ll see a cap-and-trade market in place at all.
“I’m not convinced the federal government will ever come to terms on a national cap-and-trade model,” Warsager said. “I may be naïve.”
I don’t think Warsager is naïve at all in this regard. The ongoing shocks of the sub-prime lending crisis will ripple and slosh through the US economy for some time. Pulling the US out of Iraq, or engaging Iran directly may be next on the list. Slogging through the mess that is the US healthcare system will be grueling and require focus. And which candidate now wants to stand up and say “We need to tackle climate change and it’s going to cost you money?”
The UN Copenhagen meeting in 2009? What’s that?
Eric Bettelheim, executive chairman and general counsel of Sustainable Forestry Management Ltd. and another panelist at the conference, said that estimates show that the drag on the US economy from a cap-and-trade policy would be less than 1% of GDP. And if the US sulfur dioxide cap-and-trade program is any barometer, it could cost far less than that.
But that is not a message that is getting out to the public these days. It’s an atmosphere of misinformation and political posturing.
Let’s call it carbon capture and storage.
Lead Stories
Chicago Climate Exchange® Appoints Satish Nandapurkar as President
Press release
Chicago Climate Exchange, Inc. (CCX®), the world's first and North America's only voluntary, legally binding integrated greenhouse gas emissions reduction, registry and trading system, announced the appointment of Satish S. Nandapurkar as President. In this role, Mr. Nandapurkar will be responsible for directing and implementing the business planning process of CCX and Chicago Climate Futures Exchange®. He will report to the Chairman and CEO, Dr. Richard Sandor.
Mr. Nandapurkar most recently served as Chief Executive Officer of U.S. Futures Exchange (formerly known as Eurex US) since its launch in February of 2004. Mr. Nandapurkar joined USFE from the Chicago Mercantile Exchange where he was the Managing Director of Products and Services and a member of the management team. Prior to joining CME, Mr. Nandapurkar held senior management roles in derivative products trading and sales at a number of prominent international banks. He began his financial services career in 1988 at O'Connor & Associates, then one of the world's leading futures and options trading organizations. Before joining O'Connor, Mr. Nandapurkar served on active duty as a Captain in the United States Air Force.
**JK – Interesting choice. Nandapurkar has the experience of having guided Eurex US in 2004 through its start-up phase as a competitor to the Chicago Board of Trade. While that exchange ultimately was unsuccessful, I’d say that CCX is on a much more level playing field than Eurex US was. This also frees up Richard Sandor to continue to grow Climate Exchange into a global carbon trading power. Nandapurkar’s experience in running Eurex US and USFE will be instrumental, as will his experience with Chicago Mercantile Exchange, where he was managing director and head of products and services. The budding US carbon market will test his ability to manage, grow and innovate. Good luck Satish!
John McCain’s Energy Follies
NY Times Editorial
The industries that create energy — coal, wind, nuclear, ethanol, and, of course, oil and gas — all clamored to be heard at the Republican convention. At cocktail receptions and in hundreds of ads, each claimed to welcome the challenge of creating a cleaner, greener energy future.
A lot of that was corporate boilerplate. But one advertisement, from Chevron, seemed strikingly on point. “It took us 125 years to use the first trillion barrels of oil,” it said. “We’ll use the next trillion in 30.” This nicely framed a big part of the energy challenge. It was also a reminder of why John McCain is proving, so far, to be such a disappointment on issues he once seemed to understand better than almost anyone else in his party.
http://www.nytimes.com/2008/09/07/opinion/07sun1.html?_r=2&tntemail1=y&oref=slogin&emc=tnt&pagewanted=print&oref=slogin
Energy Loss
Washington Post
Sen. John McCain's acceptance speech was notable for what it didn't say.
SEN. JOHN McCAIN's energy policy was pretty clear before he accepted the Republican nomination for president Thursday in St. Paul, Minn. He wants to build more nuclear power plants, develop clean coal technology, increase the use of renewable energy sources such as wind and solar power, and expand offshore drilling. Despite the swipe Mr. McCain took at his Democratic opponent, there's not much difference between his energy policy and that of Sen. Barack Obama (Ill.).
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/05/AR2008090503719.html
**JK - Suddenly, John McCain is not doing so well on the climate change policy issue.
E&E Daily's Berman, Geman preview congressional action on energy
OnPoint (Transcript & video)
With just two months to go before the elections, will Congress successfully pass an energy package aimed at reducing high energy prices? During today's OnPoint, E&E Daily editor Dan Berman and senior reporter Ben Geman preview upcoming congressional action on offshore drilling, renewable energy tax incentives and high energy prices. They discuss potential obstacles to proposals circulating in both the House and Senate. Berman and Geman also give their take on the vice presidential picks and discuss how Alaska Gov. Sarah Palin (R) may influence the energy discussion.
http://www.eenews.net/tv/transcript/854
Solar energy can meet all the world's energy demands: expert
Environmental News Network
The world must speed up the deployment of solar power as it has the potential to meet all the world's energy needs, the chairman of an industry gathering which wrapped up Friday in Spain said. "The solar energy resource is enormous, and distributed all over the world, in all countries and also oceans," said Daniel Lincot, the chairman of the five-day European Photovoltaic Solar Energy conference held in Valencia.
http://www.enn.com/energy/article/38117
**JK – Big on bravado, short on installation.
Drilling For Clean Energy
Enercast
The United States can be virtually free of fossil-fuel use within a few decades -- if we pursue this goal aggressively. (Air travel may be the exception.) To meet such an objective, we would turn principally to solar and wind energy. Nuclear should be in the mix as well, at least for the near future. We should rethink biofuels, discouraging those that compete with food production or degrade the environment while encouraging those that capture energy from waste.
http://www.enercast.com/index.php?cont=27383
**Written by Jim Marshall, (D), represents Georgia's 8th District in the U.S. House. Roscoe Bartlett, (R), represents Maryland's 6th District.
Climate Change Update-September 8, 2008
VanNess Feldman
States and science are in the news this week. Futures trading of Regional Greenhouse Gas Initiative allowances show low prices for December 2009. An analysis of California Air Resources Board’s scoping plan for AB 32 compliance concluded that allowance prices for the trading portion of the program could be anywhere between $15-60. A raft of scientific reports came out this week with bad news about climate change, including findings that: (1) climate change could push some ecosystems beyond restoration; (2) the Arctic is an island for the first time in recorded history; and (3) melting permafrost is both an effect and then a cause of climate change.
http://hosting-source.bronto.com/6335/public/ClimateChangePolicyUpdate_September_8_2008.pdf
The 2008 GoingGreen 100
Always On
Investment and public interest in cleantech continues to grow in the face of record gas prices and increased concern for the environment and global warming. With that backdrop, AlwaysOn presents the second annual GoingGreen 100 Top Private Companies list, featuring leading private companies in cleantech.
http://alwayson.goingon.com/permalink/post/28868
Lead Stories Continued
Dikeman Spouts Off on New Energy
GreenTech Media
A founding partner at Jane Capital Partners says new clean technologies are unlikely to rapidly disrupt the energy market. The reasons? Price, risk and profit.
http://www.greentechmedia.com/articles/dikeman-spouts-off-on-new-energy-1365.html
Funding Roundup: Wind Power Finds Funding a Breeze
GreenTech Media
Wind companies Quiet Revolution, Energreen and ChapDrive raise cash, as well as concentrating-solar startup Morgan Solar and others.
http://www.greentechmedia.com/articles/funding-roundup-wind-power-finds-funding-a-breeze-1367.html
Experts push for 'shadow pricing' to account for project emissions
ClimateWire (*Subscription Site)
A growing number of climate change experts are calling on the World Bank Group to rein in its fossil fuel lending by calculating a carbon "shadow price" when funding everything from coal-fired power plants to hydroelectric projects.
http://www.eenews.net/climatewire/2008/09/08/2/
239 Billion Green Opportunities in China
GreenPacks
There are 239 billion green opportunities in China. That is, China is planning on spending Y2 trillion ($239 million) to ensure that renewable energy will account for 15% of the nation’s power by the year 2020. China is the world’s second largest energy user. A country one fourth the size uses more. Presently, less than 10% of China’s power comes from renewable energy. The government has earmarked Y1.4 trillion from 2006-2010. The U.S. says the clean technology market in China will be about $186 billion in 2010 and grow to $555 billion by 2020. Okay, I lost track of how much money can be made.
http://www.greenpacks.org/2008/09/05/239-billion-green-opportunities-in-china/
Government unveils plans for one million green manufacturing jobs
Business Green
The government today launched a strategy aimed at helping UK manufacturers take advantage of the low carbon economy, commiting £150m in funding support as part of initiative designed to result in the creation of one million new "green collar jobs".
http://www.businessgreen.com/business-green/news/2225604/government-launches-green
Investigation reveals UK "recycling" being illegally dumped in India
Business Green
In the wake of the eWaste scandal, fresh evidence emerges that waste intended for recycling is also being illegally shipped to the developing world
http://www.businessgreen.com/business-green/news/2225600/investigation-reveals-uk
**JK – Not the first time the UK has dumped on India. History repeats.
The 65 mpg Ford the U.S. Can't Have
Ford's Fiesta ECOnetic gets an astonishing 65 mpg, but the carmaker can't afford to sell it in the U.S.
BusinessWeek
If ever there was a car made for the times, this would seem to be it: a sporty subcompact that seats five, offers a navigation system, and gets a whopping 65 miles to the gallon. Oh yes, and the car is made by Ford Motor (F), known widely for lumbering gas hogs.
http://www.businessweek.com/magazine/content/08_37/b4099060491065.htm
US
Congress set to go back to work on energy deal
Dave Williams - MSNBC
An energy compromise being pushed by U.S. Sen. Saxby Chambliss, R-Ga., could make headway in the coming weeks despite the nearness of the presidential election.
“The No. 1 issue I hear about continues to be the high cost of fuel,” Chambliss said. “The American people are looking for action.”
Chambliss and Sen. Kent Conrad, D-N.D., are leading a bipartisan coalition of senators behind legislation that would expand offshore drilling, a favorite strategy of Republicans, and extend tax credits for renewable energy, the Democrats’ weapon of choice.
http://www.msnbc.msn.com/id/26603476/
Storm Warning: Ike's Impact Could Go Far Beyond Hurricane Season
WSJ Environmental Capital
That's the argument laid out in a new report from Jeff Rubin at Canadian investment bank CIBC World Markets. Hurricane damage in the Gulf isn’t limited to evacuated rigs or shut-in refineries; the real damage from increasingly brutal storm seasons is the long-term delay in getting new oil fields up and producing. Three years after Hurricane Katrina, the Gulf still hasn’t recovered its pre-2005 production levels, CIBC notes. Thanks to rapid production declines at existing fields and huge delays getting new fields operational, official U.S. government forecasts for the Gulf’s role in U.S. oil production are wildly overblown, Mr. Rubin says: Instead of ramping up production to over 2 million barrels per day as once dreamed by the Departments of the Interior and Energy, Gulf of Mexico production is likely to fall to a low of a million barrels per day by 2013—a third lower than the region’s production prior to the 2005 storm season.
http://blogs.wsj.com/environmentalcapital/2008/09/08/storm-warning-ikes-impact-could-go-far-beyond-hurricane-season/
Hurricane Gustav losses could reach $10 billion
Environmental-Finance
The hurricane that swept through the US on Monday has added to the toll from natural disasters in 2008, causing as much as $10 billion of insured losses, according to estimates by risk modeling firms.
http://environmental-finance.com/onlinews/0904hur.html
Watch Green Happen in Kansas
Renewable Energy World.com
Discovery's new Planet Green channel is documenting the small Kansas town's effort to be the greenest town in America in a television series that is attracting national attention. To begin with, there will be a new factory to manufacture ultra green modular homes. Eventually the factory, which will break ground next March, will employ 225 people, creating an employment base for a town that had virtually none.
http://www.renewableenergyworld.com/rea/news/story?id=53458
FedEx, BP complete panel installations on distribution centers
ClimateWire (*Subscription Site)
FedEx Corp. and BP PLC announced last week the completion of two solar panel installations on FedEx facilities in the Los Angeles area, expected to reduce annual greenhouse gas emissions by 610 metric tons.
http://www.eenews.net/climatewire/2008/09/08/3
Bottled Water Demand May Be Declining
Worldwatch Institute
The U.S. bottled water market is slowing down after years of steady growth, suggesting that international awareness campaigns may be curbing consumer demand.
http://www.enn.com/pollution/article/38116
*RL - SUVs, bottled water... is the giant awakening?
Science panel reviews advances in technology to aid solar, energy storage
E & E Daily (*Subscription Site)
Government and private experts on nanotechnology and advanced materials will update the House Science and Technology Committee on Wednesday about their achievements in using research to advance more efficient and environmentally friendly energy sources. The Energy and Environment Subcommittee will question the Energy Department and industry researchers on materials, science and engineering practices that will revolutionize the use of energy.
http://www.eenews.net/EEDaily/2008/09/08/10
Sales Grow by $1 Million + in 1st Qtr 2008; Stock Buy Back Is Announced by Green Energy Resources
MarketWatch
Green Energy Resources announced today first qtr 2008 sales were over $1 million. Sales were led by exports of wood pellets to Europe. The $1 million was in addition to contracts and shipments signed and being performed in late 2007 into 2008. The financials are expected to be posted on Pinksheets before the end of September. The company remains in full compliance with Pinksheets requirements and looks to restore its top tier rating. The company apologizes to shareholders and investors for the delay in reporting. Green Energy Resources continues to meet all of its financial needs and obligations and looks to increase sales in 2008 over 2007 by 10-20%.
http://www.marketwatch.com/news/story/sales-grow-1-million-/story.aspx?guid=%7B51C0968E-D38D-4340-9D3C-028116C9CCF6%7D&dist=hppr
Is ethanol out of gas? 2 soon-to-be-open area plants confident in alternative future
Journalgazette.net
Poet and Indiana Bio-Energy LLC still are banking their plants will succeed. Indiana Bio-Energy invested $177 million to build its plant in Bluffton. After considering a nearby Wells County site, Poet opted to build its $130 million plant south of North Manchester in Wabash County. Both plants are slated to start production this month.
http://www.journalgazette.net/apps/pbcs.dll/article?AID=/20080908/BIZ/809080406
Asian pollution could spur U.S. warming
Reuters
Asian pollution from Asian power plants, cooking and heating could create summer hot spots in the central United States and southern Europe by mid-century, U.S. climate scientists reported on Thursday.
http://www.reuters.com/article/environmentNews/idUSN0438977220080905
Phoenix Suns Go Solar
Major Solar Energy Project to Provide Power for US Airways Center in 2009
MarketWatch
Planet Orange is going green. The Phoenix Suns, APS and the City of Phoenix announced today plans to install a major solar panel power project at US Airways Center.
http://www.marketwatch.com/news/story/phoenix-suns-go-solar/story.aspx?guid=%7B30A54B9A-B4B9-4642-8A6B-6E69CB2617C9%7D&dist=hppr
Older Demographics Biggest Users of Green Products
Environmental Leader
Consumers over 55 years old are the most prolific users of green products in the U.S., according to a survey by ICOM Information & Communications.Both male and female groups 55 years and over reported above average use of environmentally friendly home goods. Leading the way was the 55-59 year-old female demographic, who was more than twice as likely as the average consumer to use green products. Males 65-69 years old were second, more than 1.7 times as likely to use than the average American.
http://www.environmentalleader.com/2008/09/06/older-demographics-biggest-users-of-green-products/
General Motors plans to reduce, reuse, and recycle all waste from more than 80 manufacturing plants around the world by the end of 2010.
Half of GM Plants to Be Landfill-Free By Late 2010
GreenBiz.com
Whatever is left over will get transformed into energy as part of a massive drive to avoid sending any manufacturing remnants to landfills. Forty-three plants have reached landfill-free status, including 10 in the U.S. and 33 in Mexico, Korea, Germany, Poland, Canada, Austria, Hungary and France.
http://www.greenbiz.com/news/2008/09/08/half-gm-plants-be-landfill-free-by-late-2010
Battle against EPA emission regs may be fought in your backyard
GreenWire (*Subscription Site)
Nothing heats the blood of foes of environmental regulation like the threat of taking away their lawn mowers. Anti-regulation forces are shaping a national debate about curbing U.S. emissions of greenhouse gases -- a debate that on Capitol Hill has focused on power plants and the automobile.
http://www.eenews.net/gw/2008/09/08/1
Specter of EPA regulations could spur congressional action
GreenWire (*Site Subscription)
As it debated global warming legislation, the Senate gave little thought in June to questions about U.S. EPA using its existing authority to regulate greenhouse gas emissions. Times have changed. With EPA's rollout of a nearly 500-page advanced notice of proposed rulemaking in July, lawmakers are now on notice about how far the government could go with White House approval to start writing rules for regulating emissions for everything from power plants to cars, airplanes, restaurants, dry cleaners and bakeries.
http://www.eenews.net/gw/2008/09/08/1
Canada
Canadian parties to lock horns on carbon tax ahead of election
Point Carbon (*Subscription Site)
Canada’s top political parties will face off over a national climate tax plan in the lead-up to snap national elections on 14 October, called by Prime Minister Stephen Harper on Sunday in an attempt to strengthen his party’s majority in parliament.
http://www.pointcarbon.com/news/1.968507
Europe
EEX AG: Power Derivatives Market transferred to independent company
Press release
European Energy Exchange AG (EEX) is continuing the spin-off process regarding its business divisions as planned and has now spun off the Power Derivatives Market into an independent company. EEX Power Derivatives GmbH, which will initially be wholly owned by EEX, is launched retroactively as of 1 January 2008. EEX has already spun off the Power Spot Market into an independent company, EEX Power Spot GmbH, with effect as of 1 January 2007 after the supervisory board, the exchange counc…
http://www.eex.com/en/Press%20Room/Press%20Release/press/37970
Wind Power Manufacturing Increasing Rapidly
YLE (Finland)
The manufacture of wind generators and their components has been one of the most rapidly-growing sectors of industry with annual growth of about 25 percent a year. Finland uses less wind power than many other countries, but turnover in the industry that manufactures wind generators and components has doubled in just a couple of years.
http://www.yle.fi/news/id100878.html
Eurosif Study Finds Increasing Investment in Sustainability by Wealthy Individuals
Social Funds
Wealthy investors have taken up the banner of sustainable investing in rapidly increasing numbers, which could lead to greater financial support for product innovation and green technologies. Such is the conclusion arrived at by Eurosif, a partnership of national Social Investment Forums within the European Union, in its recently published study of sustainable investment by high net worth individuals.
http://www.socialfunds.com/news/article.cgi/2548.html
Hungarian government continues to delay approving NAP
Point Carbon (*Subscription Site)
The Hungarian government is continuing to put off the approval of its national allocation plan, which means that Hungarian companies under Europe’s emission trading scheme (ETS) will not receive their carbon allowances earlier than November.
http://www.pointcarbon.com/news/1.968583
Norway Surveys Troll Field for Carbon Storage
PlanetArk.com
Norway has begun seismic surveys at its biggest North Sea oil and gas field, Troll, to determine whether carbon dioxide emissions could be stored there, energy officials said on Friday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50129/story.htm
Green Star Alternative Energy Represents Serbia's Renewable Energy Sector in Strategic Energy & Climate Change Forum
Business Wire
Green Star Alternative Energy, Inc. (Pink Sheets: GSAE - News) is taking a leadership position in promoting renewable energy to combat climate change and meet rising energy demand. Green Star is acquiring Notos d.o.o. to become the Republic of Serbia’s first wind power developer.
http://biz.yahoo.com/bw/080904/20080904005325.html?.v=1
Hungarian government continues to delay approving NAP
Point Carbon
The Hungarian government is continuing to put off the approval of its national allocation plan, which means that Hungarian companies under Europe’s emission trading scheme (ETS) will not receive their carbon allowances earlier than November.
http://www.pointcarbon.com/news/1.968583
*Subscription site
Asia
Garnaut takes a soft line on emissions trading for livestock industries
ABC Rural
The Federal Government's top independent climate change adviser is recommending it shouldn't penalize beef and sheep farmers for carbon emissions while their competitors don't have to pay. Professor Ross Garnaut says there's a real danger a carbon trading scheme could damage the high-emitting livestock industries in Australia, while production increases overseas.
http://www.abc.net.au/rural/news/content/200809/s2358297.htm
Australia told to cut greenhouse gas emissions
The Associated Press
But Ross Garnaut, an economist commissioned by the government to investigate how Australia should respond to climate change, released a report Friday recommending the 80 percent target for 2050 and a 10 percent interim target by 2020. Canada should cut emissions by the same proportion, the United States by 81 percent, Japan by 75 percent and the European Union by 69 percent, the report said.
http://www.iht.com/articles/ap/2008/09/05/asia/AS-Australia-Climate-Change.php
Japan’s Meti to expand planned domestic offset system
Point Carbon
Japan’s Ministry of Economy, Trade and Industry (Meti) said on Monday that it will expand its planned national carbon offset scheme to include such sectors as agriculture and transport.
http://www.pointcarbon.com/news/1.968612
*Subscription site
Morgan Stanley raises stake in tidal power firm
Reuters
U.S.-based investment bank Morgan Stanley has increased its stake in Singapore-based tidal power company Atlantis Resources Corporation, targeting a marine energy sector that covets the global success of wind power.
http://www.reuters.com/article/euMergersNews/idUSL749925720080907
Digging for gold amongst the garbage
China Daily
China is expected to become the world's largest renewable energy market and savvy businesspeople inside and outside the country are panning for gold in the booming industry. They are exploring solar, wind and hydropower, and also extracting energy from garbage, a smelly business that's also pretty rosy.
http://www.chinadaily.com.cn/bizchina/2008-09/08/content_7007901.htm
NZ opposition party says will cut emissions 50% by 2050
Point Carbon
New Zealand opposition National party said Sunday it will aim for a 50 per cent of greenhouse gas emissions from 1990 levels by 2050 if it wins the election later this year.
http://www.pointcarbon.com/news/1.968361
*Subscription site
ConocoPhillips, Origin to form natural gas venture
Energy Current
ConocoPhillips and Origin Energy will create a long-term Australasian natural gas business focused on coal bed methane production and liquefied natural gas (LNG) processing and sales.
http://www.energycurrent.com/index.php?id=3&storyid=12964
Africa
AFRICA: Can carbon trading spur growth?
Reuters
Hundreds attending the first all-African carbon forum agreed entrepreneurs in Africa need cash to break into the expanding international carbon emissions trading market.
http://www.alertnet.org/thenews/newsdesk/IRIN/24461ab858649e5d39d7ee573c18f0c2.htm
Africa eager to play part in carbon market projects
Africa Science News Service
Africa’s carbon market community wrapped up three days of intense networking and deal-making Saturday, keener and better able to take part in the fast-growing global carbon market. The Carbon Forum attracted more than 600 participants from 60 countries, including 40 project developers and 36 government representatives responsible for initial approval of emissions offset projects.
http://africasciencenews.org/asns/index.php?option=com_content&task=view&id=664&Itemid=1
Eskom vows to diversify energy mix as CO2 rises
Point Carbon
South African energy producer Eskom, which supplies the country with 95 per cent of its electricity needs, has promised to diversify its energy mix away from fossil-fuel burning coal in the long-term in order to halt and eventually reduce emissions of climate-changing gases.
http://www.pointcarbon.com/news/1.968492
*Subscription site
Latin America
IBI buys second biodiesel plant in Argentina
Energy Current
Integrated Biodiesel Industries, Ltd (IBI) acquired a new biodiesel process unit that will be fitted to its second plant in Argentina. The new process unit to be installed in the plant uses a second-generation biodiesel production technology that has no reactors or moving parts.
http://www.energycurrent.com/index.php?id=3&storyid=12934
Tracking down the menace in Mexico City smog
DOE/Lawrence Berkeley National Laboratory
A new report by scientists who are part of the international MILAGRO Campaign indicates that some of the most harmful air pollution in Mexico City may not come from motor vehicles but instead originates with industrial sources — and that the culprit may be garbage incineration.
http://www.enn.com/pollution/article/38118
Other
Thaw of polar regions may need new U.N. laws
Reuters
A new set of United Nations laws may be needed to regulate new Arctic industries such as shipping and oil exploration as climate change melts the ice around the North Pole, legal experts said on Sunday.
http://www.enn.com/ecosystems/article/38126
From Mules to Biofuels
Global Policy Innovations Program
Farmers and policymakers are wrestling with two main concerns when it comes to ethanol production: the effect of ethanol demand on food prices, and changes in land use that are detrimental to the environment.
http://www.enn.com/pollution/article/38124
Eating less meat can cut carbon emissions: IPCC head
Point Carbon
A shift in peoples’ diets away from meat could help cut climate-changing gases, particularly since global animal production accounts for some 18 per cent of man-made greenhouse gas emissions, according to the head of the Intergovernmental Panel on Climate Change (IPCC).
http://www.pointcarbon.com/news/1.968570
*Subscription site
Reports
NEW
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago.
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
Accra Climate Change Talks 2008
Accra International Conference Center (AICC), Accra, Ghana, from 21-27 August
The Accra Climate Change Talks will take forward work on a strengthened and effective international climate change deal under the UN Framework Convention on Climate Change, as well as work on emission reduction rules and tools under the Kyoto Protocol.
http://unfccc.int/meetings/intersessional/accra/items/4437.php
COPENMIND 2008 Exhibition & Conference
September 1 -3, 2008, Copenhagen
COPENMIND Conference covers three days of presentations, seminars and workshops on the COPENMIND 2008 topic of cleantech. The aim is to encourage best practice sharing, technology transfer and the creation of new research partnerships between science and business. Sessions can be attended and hosted by interested university and industry delegates.
http://www.copenmind.com/
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
Cleantech Forum® XVIII
September 15-17, 2008, Washington, DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
EUA+CER Daily Vol 2008 6,768,000
September 2007 ADV* 4,945,000
September 2008 ADV 5,820,500
Change 2007-8 17.7%
2007 YTD ADV 3,788,260
2008 YTD ADV 9,438,109
Change 2007-8 149.1%
2007 YTD Total Vol 655,369,000
2008 YTD Total Vol 1,651,669,136
2007 September Total Vol 19,780,000
2008 September Total Vol 23,282,000
EUA Futures Total Vol 5,672,000
CER Futures Total Vol 1,096,000
EUA Options Call 0
EUA Options Put 0
CER Options Call 0
CER Options Put 0
EUA Futures Open Interest 227,339,000
EUA Futures Open Interest shift(+/-) 1,108,000
CER Futures Open Interest 73,054,000
CER Futures Open Interest shift(+/-) 524,000
EUA Options Open Interest 107,805,000
EUA Options Open Interest shift(+/-) 0
CER options Open Interest 31,800,000
CER options Open Interest shift (+/-) 0
* Average daily volume
__________________________________________________________________________________________________________
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New Events – See the full list below in Events
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Environmental Markets Association
12th Annual Fall Conference
November 18-21, 2008 – Seattle, WA
Your one stop shop to obtain the updates, trends and challenges in all the environmental markets.
http://www.environmentalmarkets.org/
Commentary
Last week’s Swiss Futures & Options Association conference hit on the crux of carbon markets last Friday.
The person who summed up the US market was Randy Warsager, vice president of marketing at New York Mercantile Exchange (Nymex) which is part owner of Green Exchange, now part of the CME Group. His remarks focused firmly and almost solely on the political environment for the US carbon market, and thus reiterated what most know about these markets – they are first and foremost political markets – created by politicians, managed by politicians and ultimately controlled by them. This is the simple nature of this particular commodity and is a fact that those in the market have come to grips with.
Given that backdrop, what is worrisome is the growing focus by the American public and its politicians on the current house fire which is the sagging economy and energy.
“The economic crisis is definitely putting climate change on the back burner,” Warsager told the audience of largely Europeans at the conference in Interlaken, Switzerland. “If you ask the American public what their top priorities are – you have jobs, and energy prices are part of that. You have health care, Iraq and then climate change depending on what survey you look at. Climate change is a little bit of a luxury in the sense that it’s not going to heat your home this winter.”
Give it few years, it just might.
So where does that leave the issue? According to two editorials from the NY Times and Washington Post in today’s Lead Stories section, the issue of dealing with climate change has fallen on the McCain priority list. One can only conclude that the switch to drilling as a solution and the tabbing of Sarah Palin as VP has pushed the priority for McCain down even further.
Running for president is about selling your soul. The question for each candidate is just how much they plan to sell to get elected. McCain, once a staunch champion of the environment, seems to be selling that part of his soul out to Republican backers to get elected. Barack Obama is going through the soul press-and-filter process now himself, although it has not seemed to have dented his platform for addressing global warming.
Warsager believes, as many in the industry do, that a federal cap-and-trade system will not be in place until 2012 from either candidate at the earliest. In fact, Warsager is not even sure we’ll see a cap-and-trade market in place at all.
“I’m not convinced the federal government will ever come to terms on a national cap-and-trade model,” Warsager said. “I may be naïve.”
I don’t think Warsager is naïve at all in this regard. The ongoing shocks of the sub-prime lending crisis will ripple and slosh through the US economy for some time. Pulling the US out of Iraq, or engaging Iran directly may be next on the list. Slogging through the mess that is the US healthcare system will be grueling and require focus. And which candidate now wants to stand up and say “We need to tackle climate change and it’s going to cost you money?”
The UN Copenhagen meeting in 2009? What’s that?
Eric Bettelheim, executive chairman and general counsel of Sustainable Forestry Management Ltd. and another panelist at the conference, said that estimates show that the drag on the US economy from a cap-and-trade policy would be less than 1% of GDP. And if the US sulfur dioxide cap-and-trade program is any barometer, it could cost far less than that.
But that is not a message that is getting out to the public these days. It’s an atmosphere of misinformation and political posturing.
Let’s call it carbon capture and storage.
Lead Stories
Chicago Climate Exchange® Appoints Satish Nandapurkar as President
Press release
Chicago Climate Exchange, Inc. (CCX®), the world's first and North America's only voluntary, legally binding integrated greenhouse gas emissions reduction, registry and trading system, announced the appointment of Satish S. Nandapurkar as President. In this role, Mr. Nandapurkar will be responsible for directing and implementing the business planning process of CCX and Chicago Climate Futures Exchange®. He will report to the Chairman and CEO, Dr. Richard Sandor.
Mr. Nandapurkar most recently served as Chief Executive Officer of U.S. Futures Exchange (formerly known as Eurex US) since its launch in February of 2004. Mr. Nandapurkar joined USFE from the Chicago Mercantile Exchange where he was the Managing Director of Products and Services and a member of the management team. Prior to joining CME, Mr. Nandapurkar held senior management roles in derivative products trading and sales at a number of prominent international banks. He began his financial services career in 1988 at O'Connor & Associates, then one of the world's leading futures and options trading organizations. Before joining O'Connor, Mr. Nandapurkar served on active duty as a Captain in the United States Air Force.
**JK – Interesting choice. Nandapurkar has the experience of having guided Eurex US in 2004 through its start-up phase as a competitor to the Chicago Board of Trade. While that exchange ultimately was unsuccessful, I’d say that CCX is on a much more level playing field than Eurex US was. This also frees up Richard Sandor to continue to grow Climate Exchange into a global carbon trading power. Nandapurkar’s experience in running Eurex US and USFE will be instrumental, as will his experience with Chicago Mercantile Exchange, where he was managing director and head of products and services. The budding US carbon market will test his ability to manage, grow and innovate. Good luck Satish!
John McCain’s Energy Follies
NY Times Editorial
The industries that create energy — coal, wind, nuclear, ethanol, and, of course, oil and gas — all clamored to be heard at the Republican convention. At cocktail receptions and in hundreds of ads, each claimed to welcome the challenge of creating a cleaner, greener energy future.
A lot of that was corporate boilerplate. But one advertisement, from Chevron, seemed strikingly on point. “It took us 125 years to use the first trillion barrels of oil,” it said. “We’ll use the next trillion in 30.” This nicely framed a big part of the energy challenge. It was also a reminder of why John McCain is proving, so far, to be such a disappointment on issues he once seemed to understand better than almost anyone else in his party.
http://www.nytimes.com/2008/09/07/opinion/07sun1.html?_r=2&tntemail1=y&oref=slogin&emc=tnt&pagewanted=print&oref=slogin
Energy Loss
Washington Post
Sen. John McCain's acceptance speech was notable for what it didn't say.
SEN. JOHN McCAIN's energy policy was pretty clear before he accepted the Republican nomination for president Thursday in St. Paul, Minn. He wants to build more nuclear power plants, develop clean coal technology, increase the use of renewable energy sources such as wind and solar power, and expand offshore drilling. Despite the swipe Mr. McCain took at his Democratic opponent, there's not much difference between his energy policy and that of Sen. Barack Obama (Ill.).
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/05/AR2008090503719.html
**JK - Suddenly, John McCain is not doing so well on the climate change policy issue.
E&E Daily's Berman, Geman preview congressional action on energy
OnPoint (Transcript & video)
With just two months to go before the elections, will Congress successfully pass an energy package aimed at reducing high energy prices? During today's OnPoint, E&E Daily editor Dan Berman and senior reporter Ben Geman preview upcoming congressional action on offshore drilling, renewable energy tax incentives and high energy prices. They discuss potential obstacles to proposals circulating in both the House and Senate. Berman and Geman also give their take on the vice presidential picks and discuss how Alaska Gov. Sarah Palin (R) may influence the energy discussion.
http://www.eenews.net/tv/transcript/854
Solar energy can meet all the world's energy demands: expert
Environmental News Network
The world must speed up the deployment of solar power as it has the potential to meet all the world's energy needs, the chairman of an industry gathering which wrapped up Friday in Spain said. "The solar energy resource is enormous, and distributed all over the world, in all countries and also oceans," said Daniel Lincot, the chairman of the five-day European Photovoltaic Solar Energy conference held in Valencia.
http://www.enn.com/energy/article/38117
**JK – Big on bravado, short on installation.
Drilling For Clean Energy
Enercast
The United States can be virtually free of fossil-fuel use within a few decades -- if we pursue this goal aggressively. (Air travel may be the exception.) To meet such an objective, we would turn principally to solar and wind energy. Nuclear should be in the mix as well, at least for the near future. We should rethink biofuels, discouraging those that compete with food production or degrade the environment while encouraging those that capture energy from waste.
http://www.enercast.com/index.php?cont=27383
**Written by Jim Marshall, (D), represents Georgia's 8th District in the U.S. House. Roscoe Bartlett, (R), represents Maryland's 6th District.
Climate Change Update-September 8, 2008
VanNess Feldman
States and science are in the news this week. Futures trading of Regional Greenhouse Gas Initiative allowances show low prices for December 2009. An analysis of California Air Resources Board’s scoping plan for AB 32 compliance concluded that allowance prices for the trading portion of the program could be anywhere between $15-60. A raft of scientific reports came out this week with bad news about climate change, including findings that: (1) climate change could push some ecosystems beyond restoration; (2) the Arctic is an island for the first time in recorded history; and (3) melting permafrost is both an effect and then a cause of climate change.
http://hosting-source.bronto.com/6335/public/ClimateChangePolicyUpdate_September_8_2008.pdf
The 2008 GoingGreen 100
Always On
Investment and public interest in cleantech continues to grow in the face of record gas prices and increased concern for the environment and global warming. With that backdrop, AlwaysOn presents the second annual GoingGreen 100 Top Private Companies list, featuring leading private companies in cleantech.
http://alwayson.goingon.com/permalink/post/28868
Lead Stories Continued
Dikeman Spouts Off on New Energy
GreenTech Media
A founding partner at Jane Capital Partners says new clean technologies are unlikely to rapidly disrupt the energy market. The reasons? Price, risk and profit.
http://www.greentechmedia.com/articles/dikeman-spouts-off-on-new-energy-1365.html
Funding Roundup: Wind Power Finds Funding a Breeze
GreenTech Media
Wind companies Quiet Revolution, Energreen and ChapDrive raise cash, as well as concentrating-solar startup Morgan Solar and others.
http://www.greentechmedia.com/articles/funding-roundup-wind-power-finds-funding-a-breeze-1367.html
Experts push for 'shadow pricing' to account for project emissions
ClimateWire (*Subscription Site)
A growing number of climate change experts are calling on the World Bank Group to rein in its fossil fuel lending by calculating a carbon "shadow price" when funding everything from coal-fired power plants to hydroelectric projects.
http://www.eenews.net/climatewire/2008/09/08/2/
239 Billion Green Opportunities in China
GreenPacks
There are 239 billion green opportunities in China. That is, China is planning on spending Y2 trillion ($239 million) to ensure that renewable energy will account for 15% of the nation’s power by the year 2020. China is the world’s second largest energy user. A country one fourth the size uses more. Presently, less than 10% of China’s power comes from renewable energy. The government has earmarked Y1.4 trillion from 2006-2010. The U.S. says the clean technology market in China will be about $186 billion in 2010 and grow to $555 billion by 2020. Okay, I lost track of how much money can be made.
http://www.greenpacks.org/2008/09/05/239-billion-green-opportunities-in-china/
Government unveils plans for one million green manufacturing jobs
Business Green
The government today launched a strategy aimed at helping UK manufacturers take advantage of the low carbon economy, commiting £150m in funding support as part of initiative designed to result in the creation of one million new "green collar jobs".
http://www.businessgreen.com/business-green/news/2225604/government-launches-green
Investigation reveals UK "recycling" being illegally dumped in India
Business Green
In the wake of the eWaste scandal, fresh evidence emerges that waste intended for recycling is also being illegally shipped to the developing world
http://www.businessgreen.com/business-green/news/2225600/investigation-reveals-uk
**JK – Not the first time the UK has dumped on India. History repeats.
The 65 mpg Ford the U.S. Can't Have
Ford's Fiesta ECOnetic gets an astonishing 65 mpg, but the carmaker can't afford to sell it in the U.S.
BusinessWeek
If ever there was a car made for the times, this would seem to be it: a sporty subcompact that seats five, offers a navigation system, and gets a whopping 65 miles to the gallon. Oh yes, and the car is made by Ford Motor (F), known widely for lumbering gas hogs.
http://www.businessweek.com/magazine/content/08_37/b4099060491065.htm
US
Congress set to go back to work on energy deal
Dave Williams - MSNBC
An energy compromise being pushed by U.S. Sen. Saxby Chambliss, R-Ga., could make headway in the coming weeks despite the nearness of the presidential election.
“The No. 1 issue I hear about continues to be the high cost of fuel,” Chambliss said. “The American people are looking for action.”
Chambliss and Sen. Kent Conrad, D-N.D., are leading a bipartisan coalition of senators behind legislation that would expand offshore drilling, a favorite strategy of Republicans, and extend tax credits for renewable energy, the Democrats’ weapon of choice.
http://www.msnbc.msn.com/id/26603476/
Storm Warning: Ike's Impact Could Go Far Beyond Hurricane Season
WSJ Environmental Capital
That's the argument laid out in a new report from Jeff Rubin at Canadian investment bank CIBC World Markets. Hurricane damage in the Gulf isn’t limited to evacuated rigs or shut-in refineries; the real damage from increasingly brutal storm seasons is the long-term delay in getting new oil fields up and producing. Three years after Hurricane Katrina, the Gulf still hasn’t recovered its pre-2005 production levels, CIBC notes. Thanks to rapid production declines at existing fields and huge delays getting new fields operational, official U.S. government forecasts for the Gulf’s role in U.S. oil production are wildly overblown, Mr. Rubin says: Instead of ramping up production to over 2 million barrels per day as once dreamed by the Departments of the Interior and Energy, Gulf of Mexico production is likely to fall to a low of a million barrels per day by 2013—a third lower than the region’s production prior to the 2005 storm season.
http://blogs.wsj.com/environmentalcapital/2008/09/08/storm-warning-ikes-impact-could-go-far-beyond-hurricane-season/
Hurricane Gustav losses could reach $10 billion
Environmental-Finance
The hurricane that swept through the US on Monday has added to the toll from natural disasters in 2008, causing as much as $10 billion of insured losses, according to estimates by risk modeling firms.
http://environmental-finance.com/onlinews/0904hur.html
Watch Green Happen in Kansas
Renewable Energy World.com
Discovery's new Planet Green channel is documenting the small Kansas town's effort to be the greenest town in America in a television series that is attracting national attention. To begin with, there will be a new factory to manufacture ultra green modular homes. Eventually the factory, which will break ground next March, will employ 225 people, creating an employment base for a town that had virtually none.
http://www.renewableenergyworld.com/rea/news/story?id=53458
FedEx, BP complete panel installations on distribution centers
ClimateWire (*Subscription Site)
FedEx Corp. and BP PLC announced last week the completion of two solar panel installations on FedEx facilities in the Los Angeles area, expected to reduce annual greenhouse gas emissions by 610 metric tons.
http://www.eenews.net/climatewire/2008/09/08/3
Bottled Water Demand May Be Declining
Worldwatch Institute
The U.S. bottled water market is slowing down after years of steady growth, suggesting that international awareness campaigns may be curbing consumer demand.
http://www.enn.com/pollution/article/38116
*RL - SUVs, bottled water... is the giant awakening?
Science panel reviews advances in technology to aid solar, energy storage
E & E Daily (*Subscription Site)
Government and private experts on nanotechnology and advanced materials will update the House Science and Technology Committee on Wednesday about their achievements in using research to advance more efficient and environmentally friendly energy sources. The Energy and Environment Subcommittee will question the Energy Department and industry researchers on materials, science and engineering practices that will revolutionize the use of energy.
http://www.eenews.net/EEDaily/2008/09/08/10
Sales Grow by $1 Million + in 1st Qtr 2008; Stock Buy Back Is Announced by Green Energy Resources
MarketWatch
Green Energy Resources announced today first qtr 2008 sales were over $1 million. Sales were led by exports of wood pellets to Europe. The $1 million was in addition to contracts and shipments signed and being performed in late 2007 into 2008. The financials are expected to be posted on Pinksheets before the end of September. The company remains in full compliance with Pinksheets requirements and looks to restore its top tier rating. The company apologizes to shareholders and investors for the delay in reporting. Green Energy Resources continues to meet all of its financial needs and obligations and looks to increase sales in 2008 over 2007 by 10-20%.
http://www.marketwatch.com/news/story/sales-grow-1-million-/story.aspx?guid=%7B51C0968E-D38D-4340-9D3C-028116C9CCF6%7D&dist=hppr
Is ethanol out of gas? 2 soon-to-be-open area plants confident in alternative future
Journalgazette.net
Poet and Indiana Bio-Energy LLC still are banking their plants will succeed. Indiana Bio-Energy invested $177 million to build its plant in Bluffton. After considering a nearby Wells County site, Poet opted to build its $130 million plant south of North Manchester in Wabash County. Both plants are slated to start production this month.
http://www.journalgazette.net/apps/pbcs.dll/article?AID=/20080908/BIZ/809080406
Asian pollution could spur U.S. warming
Reuters
Asian pollution from Asian power plants, cooking and heating could create summer hot spots in the central United States and southern Europe by mid-century, U.S. climate scientists reported on Thursday.
http://www.reuters.com/article/environmentNews/idUSN0438977220080905
Phoenix Suns Go Solar
Major Solar Energy Project to Provide Power for US Airways Center in 2009
MarketWatch
Planet Orange is going green. The Phoenix Suns, APS and the City of Phoenix announced today plans to install a major solar panel power project at US Airways Center.
http://www.marketwatch.com/news/story/phoenix-suns-go-solar/story.aspx?guid=%7B30A54B9A-B4B9-4642-8A6B-6E69CB2617C9%7D&dist=hppr
Older Demographics Biggest Users of Green Products
Environmental Leader
Consumers over 55 years old are the most prolific users of green products in the U.S., according to a survey by ICOM Information & Communications.Both male and female groups 55 years and over reported above average use of environmentally friendly home goods. Leading the way was the 55-59 year-old female demographic, who was more than twice as likely as the average consumer to use green products. Males 65-69 years old were second, more than 1.7 times as likely to use than the average American.
http://www.environmentalleader.com/2008/09/06/older-demographics-biggest-users-of-green-products/
General Motors plans to reduce, reuse, and recycle all waste from more than 80 manufacturing plants around the world by the end of 2010.
Half of GM Plants to Be Landfill-Free By Late 2010
GreenBiz.com
Whatever is left over will get transformed into energy as part of a massive drive to avoid sending any manufacturing remnants to landfills. Forty-three plants have reached landfill-free status, including 10 in the U.S. and 33 in Mexico, Korea, Germany, Poland, Canada, Austria, Hungary and France.
http://www.greenbiz.com/news/2008/09/08/half-gm-plants-be-landfill-free-by-late-2010
Battle against EPA emission regs may be fought in your backyard
GreenWire (*Subscription Site)
Nothing heats the blood of foes of environmental regulation like the threat of taking away their lawn mowers. Anti-regulation forces are shaping a national debate about curbing U.S. emissions of greenhouse gases -- a debate that on Capitol Hill has focused on power plants and the automobile.
http://www.eenews.net/gw/2008/09/08/1
Specter of EPA regulations could spur congressional action
GreenWire (*Site Subscription)
As it debated global warming legislation, the Senate gave little thought in June to questions about U.S. EPA using its existing authority to regulate greenhouse gas emissions. Times have changed. With EPA's rollout of a nearly 500-page advanced notice of proposed rulemaking in July, lawmakers are now on notice about how far the government could go with White House approval to start writing rules for regulating emissions for everything from power plants to cars, airplanes, restaurants, dry cleaners and bakeries.
http://www.eenews.net/gw/2008/09/08/1
Canada
Canadian parties to lock horns on carbon tax ahead of election
Point Carbon (*Subscription Site)
Canada’s top political parties will face off over a national climate tax plan in the lead-up to snap national elections on 14 October, called by Prime Minister Stephen Harper on Sunday in an attempt to strengthen his party’s majority in parliament.
http://www.pointcarbon.com/news/1.968507
Europe
EEX AG: Power Derivatives Market transferred to independent company
Press release
European Energy Exchange AG (EEX) is continuing the spin-off process regarding its business divisions as planned and has now spun off the Power Derivatives Market into an independent company. EEX Power Derivatives GmbH, which will initially be wholly owned by EEX, is launched retroactively as of 1 January 2008. EEX has already spun off the Power Spot Market into an independent company, EEX Power Spot GmbH, with effect as of 1 January 2007 after the supervisory board, the exchange counc…
http://www.eex.com/en/Press%20Room/Press%20Release/press/37970
Wind Power Manufacturing Increasing Rapidly
YLE (Finland)
The manufacture of wind generators and their components has been one of the most rapidly-growing sectors of industry with annual growth of about 25 percent a year. Finland uses less wind power than many other countries, but turnover in the industry that manufactures wind generators and components has doubled in just a couple of years.
http://www.yle.fi/news/id100878.html
Eurosif Study Finds Increasing Investment in Sustainability by Wealthy Individuals
Social Funds
Wealthy investors have taken up the banner of sustainable investing in rapidly increasing numbers, which could lead to greater financial support for product innovation and green technologies. Such is the conclusion arrived at by Eurosif, a partnership of national Social Investment Forums within the European Union, in its recently published study of sustainable investment by high net worth individuals.
http://www.socialfunds.com/news/article.cgi/2548.html
Hungarian government continues to delay approving NAP
Point Carbon (*Subscription Site)
The Hungarian government is continuing to put off the approval of its national allocation plan, which means that Hungarian companies under Europe’s emission trading scheme (ETS) will not receive their carbon allowances earlier than November.
http://www.pointcarbon.com/news/1.968583
Norway Surveys Troll Field for Carbon Storage
PlanetArk.com
Norway has begun seismic surveys at its biggest North Sea oil and gas field, Troll, to determine whether carbon dioxide emissions could be stored there, energy officials said on Friday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50129/story.htm
Green Star Alternative Energy Represents Serbia's Renewable Energy Sector in Strategic Energy & Climate Change Forum
Business Wire
Green Star Alternative Energy, Inc. (Pink Sheets: GSAE - News) is taking a leadership position in promoting renewable energy to combat climate change and meet rising energy demand. Green Star is acquiring Notos d.o.o. to become the Republic of Serbia’s first wind power developer.
http://biz.yahoo.com/bw/080904/20080904005325.html?.v=1
Hungarian government continues to delay approving NAP
Point Carbon
The Hungarian government is continuing to put off the approval of its national allocation plan, which means that Hungarian companies under Europe’s emission trading scheme (ETS) will not receive their carbon allowances earlier than November.
http://www.pointcarbon.com/news/1.968583
*Subscription site
Asia
Garnaut takes a soft line on emissions trading for livestock industries
ABC Rural
The Federal Government's top independent climate change adviser is recommending it shouldn't penalize beef and sheep farmers for carbon emissions while their competitors don't have to pay. Professor Ross Garnaut says there's a real danger a carbon trading scheme could damage the high-emitting livestock industries in Australia, while production increases overseas.
http://www.abc.net.au/rural/news/content/200809/s2358297.htm
Australia told to cut greenhouse gas emissions
The Associated Press
But Ross Garnaut, an economist commissioned by the government to investigate how Australia should respond to climate change, released a report Friday recommending the 80 percent target for 2050 and a 10 percent interim target by 2020. Canada should cut emissions by the same proportion, the United States by 81 percent, Japan by 75 percent and the European Union by 69 percent, the report said.
http://www.iht.com/articles/ap/2008/09/05/asia/AS-Australia-Climate-Change.php
Japan’s Meti to expand planned domestic offset system
Point Carbon
Japan’s Ministry of Economy, Trade and Industry (Meti) said on Monday that it will expand its planned national carbon offset scheme to include such sectors as agriculture and transport.
http://www.pointcarbon.com/news/1.968612
*Subscription site
Morgan Stanley raises stake in tidal power firm
Reuters
U.S.-based investment bank Morgan Stanley has increased its stake in Singapore-based tidal power company Atlantis Resources Corporation, targeting a marine energy sector that covets the global success of wind power.
http://www.reuters.com/article/euMergersNews/idUSL749925720080907
Digging for gold amongst the garbage
China Daily
China is expected to become the world's largest renewable energy market and savvy businesspeople inside and outside the country are panning for gold in the booming industry. They are exploring solar, wind and hydropower, and also extracting energy from garbage, a smelly business that's also pretty rosy.
http://www.chinadaily.com.cn/bizchina/2008-09/08/content_7007901.htm
NZ opposition party says will cut emissions 50% by 2050
Point Carbon
New Zealand opposition National party said Sunday it will aim for a 50 per cent of greenhouse gas emissions from 1990 levels by 2050 if it wins the election later this year.
http://www.pointcarbon.com/news/1.968361
*Subscription site
ConocoPhillips, Origin to form natural gas venture
Energy Current
ConocoPhillips and Origin Energy will create a long-term Australasian natural gas business focused on coal bed methane production and liquefied natural gas (LNG) processing and sales.
http://www.energycurrent.com/index.php?id=3&storyid=12964
Africa
AFRICA: Can carbon trading spur growth?
Reuters
Hundreds attending the first all-African carbon forum agreed entrepreneurs in Africa need cash to break into the expanding international carbon emissions trading market.
http://www.alertnet.org/thenews/newsdesk/IRIN/24461ab858649e5d39d7ee573c18f0c2.htm
Africa eager to play part in carbon market projects
Africa Science News Service
Africa’s carbon market community wrapped up three days of intense networking and deal-making Saturday, keener and better able to take part in the fast-growing global carbon market. The Carbon Forum attracted more than 600 participants from 60 countries, including 40 project developers and 36 government representatives responsible for initial approval of emissions offset projects.
http://africasciencenews.org/asns/index.php?option=com_content&task=view&id=664&Itemid=1
Eskom vows to diversify energy mix as CO2 rises
Point Carbon
South African energy producer Eskom, which supplies the country with 95 per cent of its electricity needs, has promised to diversify its energy mix away from fossil-fuel burning coal in the long-term in order to halt and eventually reduce emissions of climate-changing gases.
http://www.pointcarbon.com/news/1.968492
*Subscription site
Latin America
IBI buys second biodiesel plant in Argentina
Energy Current
Integrated Biodiesel Industries, Ltd (IBI) acquired a new biodiesel process unit that will be fitted to its second plant in Argentina. The new process unit to be installed in the plant uses a second-generation biodiesel production technology that has no reactors or moving parts.
http://www.energycurrent.com/index.php?id=3&storyid=12934
Tracking down the menace in Mexico City smog
DOE/Lawrence Berkeley National Laboratory
A new report by scientists who are part of the international MILAGRO Campaign indicates that some of the most harmful air pollution in Mexico City may not come from motor vehicles but instead originates with industrial sources — and that the culprit may be garbage incineration.
http://www.enn.com/pollution/article/38118
Other
Thaw of polar regions may need new U.N. laws
Reuters
A new set of United Nations laws may be needed to regulate new Arctic industries such as shipping and oil exploration as climate change melts the ice around the North Pole, legal experts said on Sunday.
http://www.enn.com/ecosystems/article/38126
From Mules to Biofuels
Global Policy Innovations Program
Farmers and policymakers are wrestling with two main concerns when it comes to ethanol production: the effect of ethanol demand on food prices, and changes in land use that are detrimental to the environment.
http://www.enn.com/pollution/article/38124
Eating less meat can cut carbon emissions: IPCC head
Point Carbon
A shift in peoples’ diets away from meat could help cut climate-changing gases, particularly since global animal production accounts for some 18 per cent of man-made greenhouse gas emissions, according to the head of the Intergovernmental Panel on Climate Change (IPCC).
http://www.pointcarbon.com/news/1.968570
*Subscription site
Reports
NEW
Standards of Voluntary Carbon Markets
These three publications offer a solid overview of the voluntary carbon markets and the debate over standards, but a growing number of corporate buyers are purchasing voluntary offsets through intermediaries – making the ENDS Guide to Carbon Offsets 2008 a valuable tool as well.
http://ecosystemmarketplace.com/pages/article.opinion.php?component_id=6029&component_version_id=8950&language_id=12
US Wind Power Markets and Strategies 2008-2020 - (posted August 19, 2008)
http://www.emerging-energy.com/user/marketstudies.aspx?catid=1
Subscription Site
Going Green: Policies to Promote Environmentally Sound Activities in Apparel
http://www.researchandmarkets.com/research/2154f2/going%5fgreen%5fpolic
Sustainable Slopes Annual Report 2008 – (posted August 5, 2008)
http://www.nsaa.org/nsaa/environment/sustainable_slopes/ssar-08.pdf
China’s Clean Revolution (posted August 3, 2008)
http://www.theclimategroup.org/assets/resources/TCG_China_Summary.pdf
Building Integrated Photovoltaics Markets-2008 – (posted July 27, 2008)
http://www.nanomarkets.net/products/prod_detail.cfm?prod=9&id=269
Draft Design of the Regional Cap-and-Trade Program (posted July 25, 2008)
Western Climate Initiative
http://www.westernclimateinitiative.org/ewebeditpro/items/O104F18808.PDF
Methodology for Estimating Reductions of GHG Emissions from Mosaic Deforestation - (posted July 22, 2008)
http://carbonfinance.org/docs/REDD_Mosaic_Methodology.pdf
Ethical Sourcing Report 2008 – (posted July 18, 2008)
http://guest.cvent.com/EVENTS/Info/Summary.aspx?e=eac6bbcd-338a-4ba7-84aa-1584a8cc8d4b
Action in the UK - The UK Climate Change Programme – (posted July 17, 2008)
http://www.defra.gov.uk/environment/climatechange/uk/ukccp/index.htm
Jobs in Renewable Energy Expanding – (posted July 15, 2008)
http://www.worldwatch.org/node/5821
PHH Arval’s 2008 Green Fleet Survey – (posted July 15, 2008)
http://www.greenbiz.com/files/document/greenFleetSurvey.pdf
Analyzing the Biofuels Market in Canada – (posted July 10, 2008)
http://www.researchandmarkets.com/research/75ceff/analyzing_the_biof
World Wealth Report (posted July 8, 2008)
Merrill Lynch
http://www.ml.com/media/100472.pdf
Climate Change Risk Report – (posted July 6, 2008)
http://www.maplecroft.com/Maplecroft_climate_change.pdf
Events
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago.
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
Accra Climate Change Talks 2008
Accra International Conference Center (AICC), Accra, Ghana, from 21-27 August
The Accra Climate Change Talks will take forward work on a strengthened and effective international climate change deal under the UN Framework Convention on Climate Change, as well as work on emission reduction rules and tools under the Kyoto Protocol.
http://unfccc.int/meetings/intersessional/accra/items/4437.php
COPENMIND 2008 Exhibition & Conference
September 1 -3, 2008, Copenhagen
COPENMIND Conference covers three days of presentations, seminars and workshops on the COPENMIND 2008 topic of cleantech. The aim is to encourage best practice sharing, technology transfer and the creation of new research partnerships between science and business. Sessions can be attended and hosted by interested university and industry delegates.
http://www.copenmind.com/
Introduction to Carbon Market Trading & Finance
September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
A Comprehensive Half-Day Classroom Seminar
Taught by carbon expert and best selling author of “What Went Wrong at Enron” Peter C. Fusaro
http://www.pgsenergy.com/F112Classroom.html
7th Annual Colloquium of the European Academy of Business in Society
September 11–12, 2008 — Cranfield University School of Management
“Corporate Responsibility and Sustainability: Leadership and Organisational Change”
This year’s Colloquium is focussed on how businesses embed a deep commitment to Corporate Responsibility and Sustainability.
http://www.eabis2008.info
Cleantech Forum® XVIII
September 15-17, 2008, Washington, DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
7th Annual Colloquium of the European Academy of Business in Society
11-12 September 2008, Cranfield, UK
This year's colloquium will explore issues and priorities on the topic of "Corporate Responsibility and Sustainability: Leadership and Organisational Change". Sir Michael Rake, chairman of BT Group, and John Elkington, former chairman of KPMG International, are among the speakers.
http://www.eabis2008.info/
Business Strategies For Environmental Sustainability
14-20 September 2008, South Lake Tahoe, California, US
The Stanford Center for Social Innovation is offering executives a camp-like retreat to discuss turning sustainable business strategies into competitive advantage. The program is designed for leaders in business, government, non-profit, and political action organizations.
http://www.gsb.stanford.edu/exed/bses/index.html?EMC-BAN-2008APR10EP&pos=bses
The Green Media Show
01-02 October 2008, Boston, Massachusetts, US
Practitioners and thought leaders from advertising, marketing, printing, publishing, sustainability and government will gather to examine strategies, tools and best practice for profitably greening media. The conference features workshops, panel presentations and vendor displays, with a keynote from Lester Brown, Founder of the Earth Policy Institute.
http://www.sustaincommworld.com/
Total Workplace Management
October 8 and October 9, 2008, London Olympia
The aim of the seminar is to highlight key issues around reducing energy usage, cutting carbon emissions and creating more sustainable businesses.
http://www.sourcewire.com/releases/rel_display.php?relid=LAgAX
Dow Jones Alternative Energy Innovations 2008
October 21-22, 2008 - Sofitel, Redwood City, CA
Join leading private and public investors in the clean technology field as they discuss how to build successful alternative energy companies, what areas are ripe for innovation and the impact of current global market trends.
Alternative Energy Innovations is the clean tech sector’s only conference that combines the trusted editorial expertise of Dow Jones with two days of senior-level networking, high-profile keynotes and panel discussions, and CEO presentations from 60 of the most promising alternative energy-related start-ups. Register early and save, call customer service at 866-291-1800 or go online at http://alternativeenergy.dowjones.com/.
Investing in Solar
October 20-21, 2008 - Arizona Grand Resort, Phoenix, AZ
Gain insights into what’s beyond the horizon for the solar industry
www.frallc.com
Cleantech Forum XIX
India, October 7th-8th 2008
The Cleantech Group’s inaugural Cleantech Forum event takes place this fall in Mumbai, India. Help influence cleantech adoption in India with investors, technology innovators and policymakers at the country’s foremost cleantech event. Read more >>
http://cleantechnetwork.com/index.cfm?pageSRC=Events&%5bEmailLink%5d
The Diesel Exhaust Fluid Forum (DEFF '08)
Hilton La Jolla Torrey Pines, San Diego, CA, November 11-12
The aim of this independent forum is to give exclusive insight into the commercial opportunities and concerns created by stricter heavy duty diesel vehicle emissions regulations from January 2010.
http://www.theautochannel.com/news/2008/08/12/096252.html
Point Carbon - Carbon Market Insights Americas
November 12-14, 2008 - Washington D.C.
http://www.pointcarbon.com/events/cmiam08/
Tbli Conference Europe 2008
NOVEMBER 13-14, 2008
NH Grand Hotel Krasnapolsky
AMSTERDAM, THE NETHERLANDS
TBLI is the leading annual ESG and SRI networking and learning event in Europe.
This year's European Conference will focus on gathering momentum and getting ready for the upcoming changes in world climate - from an environmental, socio-economical and political perspective.
http://www.tbli.org/pagina/TBLI+CONFERENCE8482/703/en/
Environmental Markets Association 12th Annual Fall Conference
Seattle, WA, Nov 18, 2008 9:00AM - Nov 21, 2008 4:30PM
http://www.environmentalmarkets.org/page.ww?section=Fall+2008&name=12th+Annual+Fall+Conference
Windpower Conference 2009 Coming to Chicago
RenewableEnergyWorld.com
Chicago's Metropolitan Pier and Exposition Authority (MPEA), the Chicago Convention and Tourism Bureau (CCTB) and the American Wind Energy Association (AWEA) have announced that the Windpower 2009 Conference & Exhibition will be held in Chicago next year, at the McCormick Place Convention Center from May 4-7, 2009.
Exchange Data
For an ECX CFI Market Snapshot or Historical data
All quotes delayed by at least 10 minutes link here to ECX: Click on the Market Data tab:
http://www.ecx.eu/content.asp?id=4&sid=391&o=1
Historical Daily Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/daily/index.html
Historical Monthly Data - CCX
http://www.chicagoclimateexchange.com/trading/stats/monthly/index.html
EUA+CER Daily Vol 2008 6,768,000
September 2007 ADV* 4,945,000
September 2008 ADV 5,820,500
Change 2007-8 17.7%
2007 YTD ADV 3,788,260
2008 YTD ADV 9,438,109
Change 2007-8 149.1%
2007 YTD Total Vol 655,369,000
2008 YTD Total Vol 1,651,669,136
2007 September Total Vol 19,780,000
2008 September Total Vol 23,282,000
EUA Futures Total Vol 5,672,000
CER Futures Total Vol 1,096,000
EUA Options Call 0
EUA Options Put 0
CER Options Call 0
CER Options Put 0
EUA Futures Open Interest 227,339,000
EUA Futures Open Interest shift(+/-) 1,108,000
CER Futures Open Interest 73,054,000
CER Futures Open Interest shift(+/-) 524,000
EUA Options Open Interest 107,805,000
EUA Options Open Interest shift(+/-) 0
CER options Open Interest 31,800,000
CER options Open Interest shift (+/-) 0
* Average daily volume
__________________________________________________________________________________________________________
The Environmental Markets Newsletter is available for $150 per year. It includes daily two editions, one entirely focused on environmental markets, edited by Jim Kharouf, sent in the morning hours in the US and a full copy of the John Lothian Newsletter sent midday. The John Lothian Newsletter, edited by John Lothian, is a voluntary pay newsletter. The voluntary pay fee for a 1-year subscription to the John Lothian Newsletter is $115, or $65 for 6-months. For more details about this, or to sign up to receive either newsletter, please go to www.johnlothiannewsletter.com or www.environmentalmarketsnewsletter.com.
Disclaimer: The John Lothian Newsletter and Environmental Markets newsletter are products of John J. Lothian & Company, Inc. The opinions expressed in the John Lothian Newsletter and Environmental Markets are strictly those of its editors. It is intended solely for informative purposes and is not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities herein named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Security futures are not suitable for all customers.
If you wish to unsubscribe, please click on the link below.
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Sunday, September 7. 2008
Environmental Markets Newsletter-September 7th, 2008
Lead Stories
FACTBOX - Impacts of Australia Emissions Trade
Planetark.com
Australia's top climate adviser on Friday recommended cautious targets to start carbon emissions trading, with carbon priced at A$20 (US$16) a tonne beginning in 2010 and emissions cut between 10 and 25 percent by 2020.
http://www.planetark.org/dailynewsstory.cfm/newsid/50132/story.
Low inflationary risk in emissions trade: Reserve Bank
The Auastrialian Business
But the impacts could be worse if the price of carbon rises steadily, the RBA said. The bank's governor, Glenn Stevens, said the central bank agreed with the initial Treasury modelling that showed there would be 0.9 inflationary hit with carbon priced at $20 a tonne.
http://www.theaustralian.news.com.au/story/0,,24310883-643,00.html?from=public_rss
Best bet to turn the White House
Evironmental News Network
Who's best equipped to turn the White House green -- John McCain or Barack Obama? Both have made energy security and environmental stewardship part of their presidential campaigns. Both favor curbing the greenhouse gas emissions that spur climate change. Both say they want to stop U.S. "addiction" to imported oil.
http://www.enn.com/lifestyle/article/38115
FACTBOX - Greenhouse Gas Curbs, From Australia to India
PlanetArk.com
The following factbox compares national goals for fighting climate change, from the United States to India, after Australia's top climate adviser proposed 2020 greenhouse gas emissions targets on Friday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50128/story.htm
Pickens’ energy plan could bring benefits to New York state
Schenectady Gazette
Existing environmental rules should be clear and must be adhered to. Second, infrastructure improvement. The state should use its regulatory and development.
http://www.dailygazette.com/news/2008/sep/07/0907_Boyd/
Spanish Incentive Speculation Increases
Green Tech MEdia
Cotizalia, a Spanish financial Website, reports that companies expect an incentive cap of 400 to 450 megawatts annually, up from a proposal to reduce the cap from 400 to 300 megawatts annually.
http://www.greentechmedia.com/articles/spanish-incentive-speculation-increases-1361.html
Acquiring Carbon Credits Before The Carbon Pollution Reduction
Mondaq
The Australian Stock Exchange predicts that within 18 months, Australian companies will have a robust and transparent carbon trading market to underpin ...
http://www.mondaq.com/article.asp?articleid=65788
Bush wants 'clean' energy bill, White House says
GreenWIre (*Subscription)
President Bush wants Congress to send him a "clean" energy bill that expands offshore oil-and-gas drilling, removes limits on oil shale leasing and extends expiring renewable energy tax credits, a White House spokeswoman said today.
http://www.eenews.net/eenewspm/2008/09/05/2/
US
Andlinger ’52 gives $100M for environmental center
Daily Princetonian
The University announced four alumni donations for expanding environmental research in July, the largest of which is a $100 million gift from investment manager Gerhard Andlinger ’52. These gifts are a part of the University’s $1.75 billion “Aspire” Capital Campaign.
http://www.dailyprincetonian.com/2008/09/08/21305/
Canada
Afghanistan, economy, environment top Canada election agenda
Yahoo
The role of Canada's military in Afghanistan, the global economy and climate change are expected to top the agenda in upcoming snap elections called on Sunday by Prime Minister Stephen Harper.
http://news.yahoo.com/s/afp/20080907/wl_afp/canadavote_080907211029
Europe
Aboitiz Power may engage in carbon trading
PhilStar.com
Aboitiz Power is exploring the possibility of registering more of its power projects under the Clean Development Mechanism (CDM) and eventually engaging in carbon trading. This was disclosed by Marge Gravador of Aboitiz Power who is currently undertaking a study for the power firm to establish initially its carbon accounting process and eventually engage in carbon trading.
http://www.philstar.com/archives.php?&aid=2008090710&type=2&
Predicting the Impact of Climate Change on Germany
Speigel Online
More heat waves, far less snow: Using a new more precise climate model, the Max Planck Institute for Meteorology has calculated the impact of global warming on weather patterns in Germany stretching up to the year 2100.
http://www.spiegel.de/international/germany/0,1518,576078,00.html
Events
NEW
Introduction to Carbon Market Trading & Finance
PGS Energy Training
A Comprehensive Half-Day Classroom Seminar (CPE Approved)
• September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
• October 14th, New York City - New York Mercantile Exchange, 12:30 pm to 5:00 pm
• December 3rd, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
Click Here to Register
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago .
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
Market Data
EUA+CER Daily Vol 2008 6,768,000
September 2007 ADV* 4,945,000
September 2008 ADV 5,820,500
Change 2007-8 17.7%
2007 YTD ADV 3,788,260
2008 YTD ADV 9,438,109
Change 2007-8 149.1%
2007 YTD Total Vol 655,369,000
2008 YTD Total Vol 1,651,669,136
2007 September Total Vol 19,780,000
2008 September Total Vol 23,282,000
EUA Futures Total Vol 5,672,000
CER Futures Total Vol 1,096,000
EUA Options Call 0
EUA Options Put 0
CER Options Call 0
CER Options Put 0
EUA Futures Open Interest 227,339,000
EUA Futures Open Interest shift(+/-) 1,108,000
CER Futures Open Interest 73,054,000
CER Futures Open Interest shift(+/-) 524,000
EUA Options Open Interest 107,805,000
EUA Options Open Interest shift(+/-) 0
CER options Open Interest 31,800,000
CER options Open Interest shift (+/-) 0
* Average daily volume
The Environmental Markets Newsletter is available for $150 per year. It includes daily two editions, one entirely focused on environmental markets, edited by Jim Kharouf, sent in the morning hours in the US and a full copy of the John Lothian Newsletter sent midday. The John Lothian Newsletter, edited by John Lothian, is a voluntary pay newsletter. The voluntary pay fee for a 1-year subscription to the John Lothian Newsletter is $115, or $65 for 6-months. For more details about this, or to sign up to receive either newsletter, please go to www.johnlothiannewsletter.com or www.environmentalmarketsnewsletter.com.
Disclaimer: The John Lothian Newsletter and Environmental Markets newsletter are products of John J. Lothian & Company, Inc. The opinions expressed in the John Lothian Newsletter and Environmental Markets are strictly those of its editors. It is intended solely for informative purposes and is not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities herein named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Security futures are not suitable for all customers.
If you wish to unsubscribe, please click on the link below.
mailto:jimkharouf-request@johnlothiannewsletter.com?subject=unsubscribe
If the unsubscribe links above do not work for you, please send an email to johnlothian@johnlothian.com with unsubscribe in the subject line
FACTBOX - Impacts of Australia Emissions Trade
Planetark.com
Australia's top climate adviser on Friday recommended cautious targets to start carbon emissions trading, with carbon priced at A$20 (US$16) a tonne beginning in 2010 and emissions cut between 10 and 25 percent by 2020.
http://www.planetark.org/dailynewsstory.cfm/newsid/50132/story.
Low inflationary risk in emissions trade: Reserve Bank
The Auastrialian Business
But the impacts could be worse if the price of carbon rises steadily, the RBA said. The bank's governor, Glenn Stevens, said the central bank agreed with the initial Treasury modelling that showed there would be 0.9 inflationary hit with carbon priced at $20 a tonne.
http://www.theaustralian.news.com.au/story/0,,24310883-643,00.html?from=public_rss
Best bet to turn the White House
Evironmental News Network
Who's best equipped to turn the White House green -- John McCain or Barack Obama? Both have made energy security and environmental stewardship part of their presidential campaigns. Both favor curbing the greenhouse gas emissions that spur climate change. Both say they want to stop U.S. "addiction" to imported oil.
http://www.enn.com/lifestyle/article/38115
FACTBOX - Greenhouse Gas Curbs, From Australia to India
PlanetArk.com
The following factbox compares national goals for fighting climate change, from the United States to India, after Australia's top climate adviser proposed 2020 greenhouse gas emissions targets on Friday.
http://www.planetark.com/dailynewsstory.cfm/newsid/50128/story.htm
Pickens’ energy plan could bring benefits to New York state
Schenectady Gazette
Existing environmental rules should be clear and must be adhered to. Second, infrastructure improvement. The state should use its regulatory and development.
http://www.dailygazette.com/news/2008/sep/07/0907_Boyd/
Spanish Incentive Speculation Increases
Green Tech MEdia
Cotizalia, a Spanish financial Website, reports that companies expect an incentive cap of 400 to 450 megawatts annually, up from a proposal to reduce the cap from 400 to 300 megawatts annually.
http://www.greentechmedia.com/articles/spanish-incentive-speculation-increases-1361.html
Acquiring Carbon Credits Before The Carbon Pollution Reduction
Mondaq
The Australian Stock Exchange predicts that within 18 months, Australian companies will have a robust and transparent carbon trading market to underpin ...
http://www.mondaq.com/article.asp?articleid=65788
Bush wants 'clean' energy bill, White House says
GreenWIre (*Subscription)
President Bush wants Congress to send him a "clean" energy bill that expands offshore oil-and-gas drilling, removes limits on oil shale leasing and extends expiring renewable energy tax credits, a White House spokeswoman said today.
http://www.eenews.net/eenewspm/2008/09/05/2/
US
Andlinger ’52 gives $100M for environmental center
Daily Princetonian
The University announced four alumni donations for expanding environmental research in July, the largest of which is a $100 million gift from investment manager Gerhard Andlinger ’52. These gifts are a part of the University’s $1.75 billion “Aspire” Capital Campaign.
http://www.dailyprincetonian.com/2008/09/08/21305/
Canada
Afghanistan, economy, environment top Canada election agenda
Yahoo
The role of Canada's military in Afghanistan, the global economy and climate change are expected to top the agenda in upcoming snap elections called on Sunday by Prime Minister Stephen Harper.
http://news.yahoo.com/s/afp/20080907/wl_afp/canadavote_080907211029
Europe
Aboitiz Power may engage in carbon trading
PhilStar.com
Aboitiz Power is exploring the possibility of registering more of its power projects under the Clean Development Mechanism (CDM) and eventually engaging in carbon trading. This was disclosed by Marge Gravador of Aboitiz Power who is currently undertaking a study for the power firm to establish initially its carbon accounting process and eventually engage in carbon trading.
http://www.philstar.com/archives.php?&aid=2008090710&type=2&
Predicting the Impact of Climate Change on Germany
Speigel Online
More heat waves, far less snow: Using a new more precise climate model, the Max Planck Institute for Meteorology has calculated the impact of global warming on weather patterns in Germany stretching up to the year 2100.
http://www.spiegel.de/international/germany/0,1518,576078,00.html
Events
NEW
Introduction to Carbon Market Trading & Finance
PGS Energy Training
A Comprehensive Half-Day Classroom Seminar (CPE Approved)
• September 9th, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
• October 14th, New York City - New York Mercantile Exchange, 12:30 pm to 5:00 pm
• December 3rd, New York City - The Torch Club (NYU Campus), 12:30 pm to 5:00 pm
Click Here to Register
Corporate Climate Response Conference
September 22-23 in Chicago
Over 40 companies have now joined the list of speakers for the third annual Corporate Climate Response event this September 22-23 in Chicago .
http://www.theclimategroup.org/news_and_events/event/corporate_climate_response_conf
Cleantech Forum® XVIII
September 15-17, 2008, Washington , DC
Conference connects North American investors, technology innovators, policymakers and top tier cleantech influencers with their counterparts from Asia, Europe, the Middle East and elsewhere
http://cleantechnetwork.com/index.cfm?pageSRC=WashingtonDCForum
Market Data
EUA+CER Daily Vol 2008 6,768,000
September 2007 ADV* 4,945,000
September 2008 ADV 5,820,500
Change 2007-8 17.7%
2007 YTD ADV 3,788,260
2008 YTD ADV 9,438,109
Change 2007-8 149.1%
2007 YTD Total Vol 655,369,000
2008 YTD Total Vol 1,651,669,136
2007 September Total Vol 19,780,000
2008 September Total Vol 23,282,000
EUA Futures Total Vol 5,672,000
CER Futures Total Vol 1,096,000
EUA Options Call 0
EUA Options Put 0
CER Options Call 0
CER Options Put 0
EUA Futures Open Interest 227,339,000
EUA Futures Open Interest shift(+/-) 1,108,000
CER Futures Open Interest 73,054,000
CER Futures Open Interest shift(+/-) 524,000
EUA Options Open Interest 107,805,000
EUA Options Open Interest shift(+/-) 0
CER options Open Interest 31,800,000
CER options Open Interest shift (+/-) 0
* Average daily volume
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